Excel String Function - Replace
The REPLACE function replaces characters in a text string by position. The REPLACE function is useful when the location of the text to be replaced is known or can be easily determined. REPLACE function takes four separate arguments. The first argument, old_text, is the text string to be processed. The second argument, start_num is the numeric position of the text to replace. The third argument, num_chars, is the number of characters that should be replaced. The last argument, new_text, is the text to use for the replacement. The REPLACE Function[1] is categorized under Excel TEXT functions. The function will replace part of a text string, based on the number of characters you specify, with a different text string. In financial analysis, the REPLACE function can be useful if we wish to remove text from a cell when the text is in a variable position. In this video, you will learn about Excel String Function - Replace.
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