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http://www.swpc.noaa.gov/info/Kindex.html

Geomagnetic storm severity info (K-Index)

NOAA / Space Weather Prediction Center The K-index is a code that is related to the maximum fluctuations of horizontal components observed on a magnetometer relative to a quiet day, during a three-hour interval. The conversion table from maximum fluctuation (nT) to K-index, varies from observatory to observatory in such a way that the historical rate of occurrence of certain levels of K are about the same at all observatories. In practice this means that observatories at higher geomagnetic latitude require higher levels of fluctuation for a given K-index. The conversion table for the Boulder magnetometer is shown below: