What does it do?
Searches for a value in the first column of a table array and returns a value in the same row from another column (to the right) in the table array.
=VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup])
What it means:
=VLOOKUP(this value, in this list, and get me value in this column, Exact Match/FALSE/0])
The VLOOKUP function in Excel can become interactive and more powerful when applying a Data Validation (drop down menu/list) as the Lookup_Value. So as you change your selection from the drop-down list, the Excel VLOOKUP value also changes.
Table of Contents
See how easy it is to apply this with Excel dependent drop down list VLOOKUP example below…
Follow the step-by-step tutorial on Excel dependent drop down list Vlookup and download this Excel workbook to practice along
Watch our free training video on how to use Vlookup with a Drop Down List
STEP 1: Go to Data > Data Validation.
STEP 2: Select List in the Allow dropdown.
For the Source, ensure that it has the 4 Stock List values selected. Click OK.
Your dropdown is ready.
STEP 3: We need to enter the Vlookup function in the Excel Vlookup example:
The Vlookup arguments:
What are we looking for?
Reference the cell that contains the text or value:
From which list are we doing a lookup on?
Place in the cell range of the Stock List:
From which column do we want to retrieve the value?
We want to retrieve the Price which is the SECOND column from our table array:
+VLOOKUP(G15, $B$14:$D$17, 2,
Do we want an exact match?
Place in FALSE to signify that we want an exact match:
+VLOOKUP(G15, $B$14:$D$17, 2, FALSE)
The price now dynamically changes based on your selection:
This is how to use Vlookup with a Drop Down List!
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