An aromatic ring current is an effect observed in aromatic molecules such as benzene and naphthalene. If a magnetic field is directed perpendicular to the plane of the aromatic system, a ring current is induced in the delocalized π electrons of the aromatic ring. This is a direct consequence of Ampère's law; since the electrons involved are free to circulate, rather than being localized in bonds as they would be in most non-aromatic molecules, they respond much more strongly to the magnetic field.
Aromatic ring currents are relevant to NMR spectroscopy, as they dramatically influence the chemical shifts of 13C and 1H nuclei in aromatic molecules, as well as in any organic or inorganic aromatic molecule. The effect helps distinguish these nuclear environments and is therefore of great use in molecular structure determination. In benzene, the ring protons experience deshielding because the induced magnetic field has the same direction as the external field and their chemical shift is 7.3 ppm compared to 5.6 to the vinylic proton in cyclohexene. In contrast any proton inside the aromatic ring experiences shielding because both fields are in opposite direction. This effect can be observed in cyclooctadecanonaene (annulene) with 6 inner protons at −3 ppm.
The situation is reversed in antiaromatic compounds. In the dianion of annulene the inner protons are strongly deshielded at 20.8 ppm and 29.5 ppm with the outer protons significantly shielded (with respect to the reference) at −1.1 ppm. Hence a diamagnetic ring current or diatropic ring current is associated with aromaticity whereas a paratropic ring current signals antiaromaticity.
Relative aromaticity 
|Selected NICS values / ppm|
Numerous attempts have been made to quantify aromaticity with respect to the observed ring current. One method is called diamagnetic susceptibility exaltation Λ defined as the difference between the measured magnetic susceptibility of a compound and a calculated value based on group additivity tables. Benzene is clearly aromatic (Λ = −13.4), borazine (Λ = −1.7) and cyclohexane (Λ = 1.1) are not aromatic and cyclobutadiene (Λ = +18) is antiaromatic.
Another measurable quantity is the chemical shift of lithium ions Li+ in complexes of lithium with aromats because lithium tends to coordinate to the face of the aromatic rings. Thus the lithium atom in cyclopentadienyl lithium (CpLi) has a chemical shift of −8.6 ppm (aromatic) and its Cp2Li− complex a shift of −13.1.
Both methods suffer from the disadvantage that values depend on ring size. The nucleus-independent chemical shift (NICS) is a computational method that calculates the absolute magnetic shieldings at the center of the ring taken with reversed sign. In this method negative NICS values indicate aromaticity and positive values antiaromaticity.
Yet another method called the harmonic oscillator model of aromaticity (HOMA)  is defined as a normalized sum of squared deviations of bond lengths from the optimal value, which is assumed to be realized for a fully aromatic system. An aromat has HOMA value 1 whereas a non-aromatic compound has value 0. For all-carbon systems, a HOMA value is obtained making use of this equation:
with the value of 257.7 the normalization value, n-number of CC bonds, dopt the optimized bond length (1.388 angstrom) and di the experimental or computed bond length.
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