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However, many Excel users still resort to utilizing VLOOKUP because it's a simpler function.

This happens because very few people fully understand all the benefits of switching from Vlookup to Index Match, and without such understanding no one is willing to invest their time to learn a more complex formula.

From there, the INDEX function takes that number, or numbers, and returns a value in the corresponding cell. Think about Excel INDEX / MATCH in this way: I believe it's even easier to understand from an example.

Suppose you have a list of national capitals like this: Let's find the population of some capital, say the capital of Japan, using the following Index Match formula: And here's the result you get in Excel: Important!

Below, I will try to point out the key advantages of using MATCH / INDEX in Excel, and then you decide whether you'd rather stick with Vlookup or switch to Index Match.

On the other hand, with INDEX MATCH, Excel has to consider only the lookup and return columns, as the result it processes such formulas much faster.

What's the point in wasting time trying to figure out the arcane twists of Excel's MATCH / INDEX?

vlookup not updating-41vlookup not updating-90

In our example, values in column D are sorted in ascending order, so we use "1" as the match type, and our Average Index Match formula returns "Moscow" since its population (11,5410,00) is the closest "less than" match to the average number (12,269,006).

Here are a few formula examples for the table used in the previous sample: Download Calculations with Excel INDEX /MATCH example.

When using the AVERAGE function in combination with INDEX MATCH, most often you would enter either "1" or "-1" in the third argument (match_type) of the MATCH function, unless you are certain that your lookup array contains a value exactly equal to the average. If you set 1, the values in the lookup column must be sorted in ascending order, and the formula will return the largest value that is less than or equal to the average value.

And here is the simplest example of the INDEX formula: The formula searches in cells A1 through C10 and returns a value of the cell in the 2nd row and the 3rd column, i.e. The Excel MATCH function searches for a lookup value in a range of cells, and returns the relative position of that value in the range.

For example, if the range B1: B3 contains the values "New-York", "Paris", "London", then the formula For more information about the MATCH function, please see How to use MATCH function in Excel.

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