20 Amazing Excel Formulas You Wish You Knew Sooner (With Real-Life Use Cases!)

Excel Formulas, Excel Tips, Microsoft Excel Tricks, Excel Productivity, Excel for Beginners, Excel for Professionals

EXCEL FUNCTIONS

Vishal Aggarwal

5/31/20243 min read

✨ Whether you’re a data analyst, small business owner, student, or content creator, mastering Excel formulas is like adding superpowers to your spreadsheet skills. This blog is not your average copy-paste Excel list—it’s a game-changing collection of 20 mind-blowing Excel formulas explained with unique, real-life examples that will boost your productivity 10x!

Let’s dive right in. 👇

1. XLOOKUP – The King of Lookups

Formula:
=XLOOKUP(lookup_value, lookup_array, return_array, [if_not_found], [match_mode], [search_mode])

Why it’s amazing:
It replaces VLOOKUP and HLOOKUP. It searches both vertically and horizontally, with fewer errors and more flexibility.

Example Use Case:
Find a customer’s phone number using their name from a separate list—without worrying about column order!

2. FILTER – Dynamic Data Extraction

Formula:
=FILTER(array, include, [if_empty])

Why it’s amazing:
Pulls dynamic filtered lists based on live criteria. No manual filter needed!

Use Case:
Get a real-time list of employees from the “Sales” department without using a pivot or slicer.

3. SEQUENCE – Instant Number Series

Formula:
=SEQUENCE(rows, [columns], [start], [step])

Why it’s amazing:
Generates lists of numbers instantly—perfect for indexing, automation, and custom charts.

Use Case:
Create invoice numbers starting from 1001, increasing by 1, across 100 rows.

4. UNIQUE – Eliminate Duplicates Like a Pro

Formula:
=UNIQUE(array, [by_col], [exactly_once])

Why it’s amazing:
Extracts distinct values in a snap—no more advanced filters or pivot tables!

Use Case:
Get a list of all unique product categories from a sales dataset.

5. LET – Optimize Repeating Calculations

Formula:
=LET(name1, name_value1, calculation)

Why it’s amazing:
It defines variables inside formulas—making them faster and more readable.

Use Case:
Reuse a complex formula component like tax or commission multiple times without rewriting.

6. TEXTSPLIT – Divide Text With Precision

Formula:
=TEXTSPLIT(text, col_delimiter, [row_delimiter])

Why it’s amazing:
Splits text strings into columns or rows without needing Text to Columns.

Use Case:
Break “John, Marketing, NYC” into three columns instantly.

7. IFERROR – Fail-Proof Your Formulas

Formula:
=IFERROR(value, value_if_error)

Why it’s amazing:
Handles errors gracefully with fallback values—essential for dashboards!

Use Case:
Show “Not Found” instead of #N/A when a lookup fails.

8. INDEX + MATCH – Smarter Than VLOOKUP

Formula:
=INDEX(return_range, MATCH(lookup_value, lookup_range, 0))

Why it’s amazing:
Dynamic lookup combination that doesn’t break when columns move.

Use Case:
Find the price of an item from a list where order changes frequently.

9. ISNUMBER + SEARCH – Check Substring Match

Formula:
=ISNUMBER(SEARCH("word", cell))

Why it’s amazing:
Find if a specific word exists inside a text string.

Use Case:
Check if "Manager" exists in job titles like “Senior Manager”, “Assistant Manager”.

10. SWITCH – Replace Nested IFs

Formula:
=SWITCH(expression, value1, result1, [value2, result2], ..., [default])

Why it’s amazing:
Simplifies multi-condition checks with a clean, readable formula.

Use Case:
Assign grading: A for >90, B for >75, C for >60, else “Fail”.

11. IFS – Elegant Multi-Condition Logic

Formula:
=IFS(condition1, result1, condition2, result2, ...)

Why it’s amazing:
Replaces clunky nested IF statements.

Use Case:
Categorize sales: >10000 as “High”, >5000 as “Medium”, else “Low”.

12. TEXTJOIN – Combine with Control

Formula:
=TEXTJOIN(delimiter, ignore_empty, text1, [text2], …)

Why it’s amazing:
Joins multiple cells/texts into one line—perfect for summaries.

Use Case:
Create a single address line from multiple columns.

13. TODAY & NOW – Real-Time Dates

Formula:
=TODAY() and =NOW()

Why it’s amazing:
Auto-update current date/time without manual entry.

Use Case:
Track overdue tasks or generate real-time time-stamps.

14. WORKDAY.INTL – Custom Work Week Calculator

Formula:
=WORKDAY.INTL(start_date, days, [weekend], [holidays])

Why it’s amazing:
Calculates due dates while skipping weekends/holidays.

Use Case:
Find delivery dates excluding company off-days.

15. NETWORKDAYS – Count Working Days

Formula:
=NETWORKDAYS(start_date, end_date, [holidays])

Why it’s amazing:
Accurately count working days between two dates.

Use Case:
Measure employee leave duration without weekends/holidays.

16. SPILL Functions (Dynamic Arrays)

Formula Example:
=A2:A10*B2:B10

Why it’s amazing:
Formulas that return multiple results automatically into adjacent cells.

Use Case:
Calculate totals across rows in one go without dragging!

17. INDIRECT – Reference Flexibly

Formula:
=INDIRECT(reference_text)

Why it’s amazing:
Creates dynamic references from text—great for dashboards.

Use Case:
Change sheet names or cell references on-the-fly.

18. FORMULATEXT – Show the Formula Itself

Formula:
=FORMULATEXT(reference)

Why it’s amazing:
Displays the actual formula from a cell—great for tutorials!

Use Case:
Create an Excel guidebook by showing formulas in use.

19. RANDARRAY – Random Data on Demand

Formula:
=RANDARRAY([rows], [columns], [min], [max], [integer])

Why it’s amazing:
Generate test data instantly for simulations or demos.

Use Case:
Create a fake list of scores between 50 to 100 across 30 students.

20. XMATCH – Modern Matching Function

Formula:
=XMATCH(lookup_value, lookup_array, [match_mode], [search_mode])

Why it’s amazing:
Performs position-based lookup with more control than MATCH.

Use Case:
Find the rank or row number of a salesperson based on name.

đź§  Bonus Tip: Combine These Formulas for Magic!

The real power comes when you combine these formulas. Imagine using FILTER + SORT + UNIQUE to create a dynamic leaderboard, or LET + IFERROR + XLOOKUP for a clean and blazing-fast reporting dashboard.

📌 Final Thoughts

Excel is no longer just about cells and numbers—it’s a productivity beast waiting to be unleashed. These 20 formulas aren’t just “nice to know,” they’re must-haves for anyone who wants to work smarter in Excel.

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