INDEX with XMATCH returns an item from a range or array according to the first or last match it finds. Like XLOOKUP, it works with vertical and horizontal datasets, can search in any direction, and ...

For example, if you ask it to match product prices to sales records, the AI will use Excel VLOOKUP to locate the relevant values and populate the appropriate cells.

You probably use VLOOKUP() function to find exact matches in Microsoft Excel, but you can also find the closest value when you don't know the exact value.

Microsoft Excel is one of the most useful programs ever developed in the history of computing. One function that anyone looking to master the spreadsheet program needs to know is VLOOKUP.