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AVERAGEIFS

Convert Foreign Currencies to USD

By Penny Li | January 4, 2022 |

My name is Penny Li, a cross-border tax accountant, and I often come across instances in my work where I need to convert foreign currencies to US dollar. I have decided to build a foreign currency conversion tool in Excel that is capable of generating single-day as well as average foreign exchange rates for multiple…

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Conditional Averages with AVERAGEIFS

By Jeff Lenning | April 17, 2014 |

The AVERAGEIFS function can compute averages for transactions that meet a set of criteria. In this post, we’ll use it to create a report by customer that ignores zero value transactions. Overview Although SUMIFS was probably the most popular multiple condition function introduced in Excel 2007, it wasn’t the only one. Microsoft released AVERAGEIFS which…

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