help to understand these formulas

bassemjohn1

Board Regular
Joined
Jun 26, 2020
Messages
51
Office Version
  1. 2016
Platform
  1. Windows
hello Guys,

so I was given this sheet but I don't know how these formulas are done, and I need help to understand it and do the same sheet on my own

02-Daily Rates Feb-20 UAE.xlsx
ABCDE
1SRAEFCurrencyCurrency29
211USDUS Dollar 3.67250
3202EUREuro 4.31805
4503SARSaudi Riyal 0.97910
5214GBPGB Pound 4.76886
AEF
Cell Formulas
RangeFormula
E1E1=+AEE!E1
E2:E5E2=VLOOKUP(D2,INDIRECT("'"&$E$1&"'!$C$1:$E$63"),3,0)


the formulas are in: 1) cell E1 =+AEE!E1
2) cell E2: =VLOOKUP(D2,INDIRECT("'"&$E$1&"'!$C$1:$E$63"),3,0)
 

Excel Facts

Copy formula down without changing references
If you have =SUM(F2:F49) in F50; type Alt+' in F51 to copy =SUM(F2:F49) to F51, leaving the formula in edit mode. Change SUM to COUNT.
E1 is simply pulling the the value of E1 from a sheet called AEE
E2 is looking up the value in D2 in col C on a sheet called 29 (E1 value) & returning the value from col E on that sheet.
 
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