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REPLACE Replaces Part of A Text String

The REPLACE function in Excel replaces part of a text string with a different text string, based on the number of characters or bytes specified. It is categorized as a TEXT function and can be useful for financial analysis to remove text from a cell when the text position is variable. The REPLACE function returns a text string so care must be taken if using it with dates, times, or numbers which may need to be converted to text first.

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Hannah Faye Bayno
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25 views

REPLACE Replaces Part of A Text String

The REPLACE function in Excel replaces part of a text string with a different text string, based on the number of characters or bytes specified. It is categorized as a TEXT function and can be useful for financial analysis to remove text from a cell when the text position is variable. The REPLACE function returns a text string so care must be taken if using it with dates, times, or numbers which may need to be converted to text first.

Uploaded by

Hannah Faye Bayno
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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REPLACE replaces part of a text

string, based on the number of


characters you specify, with a
different text string.
REPLACEB replaces part of a
text string, based on the number
of bytes you specify, with a
different text string.
[1]
The REPLACE Function  is
categorized under Excel TEXT
functions.
In financial analysis, the REPLACE
function can be useful if we wish
to remove text from a cell when
the text is in a variable position.
A few notes about the REPLACE
Function:
1. #VALUE error – Occurs when:
a. The given start_num argument
is negative or is non-numeric
value.
b. The given num_chars
argument is negative or non-
numeric.
2. The REPLACE function is
designed for use with text strings
and returns a text string.
Therefore, if we attempt to use
the function with a date, time or a
number, we may get odd results.
If we’re not planning to use date,
time or number in further
calculations, we can solve the
problem by converting the values
into text, using Excel’s Text To
Columns tool. To do it:
We need to select the cell(s) we
want to convert to text. The
selected text must not span
more than one column.
From the Data tab of the Excel
ribbon, select the Text to
Columns, as shown below:
Ensure the Delimited option is
selected, then click Next.

Ensure all the delimiter options


are unselected and then click
Next again. Select Text and
click the Finish button.
The REPLACE function should
now work as expected on the
values that were converted to
text.

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