The aim of this study was to analyze the dynamic behavior of the high-frequency component (HF > 0.15 Hz) of heart rate variability (HRV) and the respiratory frequency in relation to the anaerobic threshold (AT). Twenty-two healthy subjects [mean (SD) age: 24 (6) years, height: 175 (10) cm, body mass: 65 (11) kg] completed a ramp load, with increments of 20 W x min(-1), on a cycle ergometer. The AT was determined by the V-slope-method. Respiratory movements of the thorax, and the electrocardiogram were monitored. The instantaneous frequency of the HF component of HRV and of the respiratory signal were obtained by the Hilbert transformation. Both frequencies were closely related, the cross correlation coefficient being between 0.84 and 0.99. Various patterns of HRV and respiration were observed during the protocol. Remarkably, however, in over 90% of these cases, a shift in the instantaneous frequency of the HF component occurred during the transition from aerobic to anaerobic work. The difference between the AT determined by gas analysis and the AT evaluated as the power output (ATf), calculated using the approximation of the curve of the instantaneous frequency of HF by hyperbolic tangent functions, varied between 2 and 14%. In conclusion, the present study demonstrates significant changes in the behavior of the instantaneous frequency of HF in the region of the AT.