Reputation: 1243
Suppose I have the following data
Name Output
A 0.1
B 7
C 0.4
D 0.9
E 1.1
F 12
G 22
I would like replace the output variable by custom ranges:
Name Output Output_2
A 0.1 0m-0.3m
B 7 6y-10y
C 0.4 0.4m-0.6m
D 0.9 0.7m-1y
E 1.1 1y-5y
F 12 11y-20y
G 22 21y-40y
Right now, I am doing this (a long list of nested IFs)
=IF([@Tenor]<= 0.25, "0m-3m", IF([@Tenor]<=0.5, "4m-6m", IF([@Tenor] <= 1, "7m-1y",IF([@Tenor]<=5,"2y-5y",IF([@Tenor]<=10,"6y-10y",IF([@Tenor]<20,"11y-20y",IF([@Tenor]<40,"20y-40y")))))))
and it works but I am concerned that as the number of ranges increases, this will be painful to write. I was hoping I could write down a range somewhere and ask excel to look it up and do some case type thing.
Upvotes: 0
Views: 246
Reputation: 7894
Let's assume your first three columns are A, B and C (like in the second code block you posted). Add the following data into columns E and F (this will be your mapping data):
Output Output2
0 0m-3m
0.25 4m-6m
0.5 7m-1Y
1 2y-5y
5 6y-10y
10 11y-20y
20 20y-40y
40 20y-40y
Then write the following formula into C2 cell and drag it down:
=INDEX($F:$F,MATCH(B2,$E:$E,1))
UPDATE: you can do this even simpler with approximate VLOOKUP:
=VLOOKUP(B2,$E:$F,2,1)
Upvotes: 2