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How to calculate average last N values in a table in Excel

To calculate the average for the last N values n an Excel table (i.e. last 3 rows, last 5 rows, etc.) you can use the AVERAGE function together with the INDEX and ROWS functions. See example below:




In the example shown, the formula in F5 is:


How this formula works

This formula is a good example of how¬†structured references¬†can make working with data in Excel much easier. At the core, this is what we’re doing:


where “first” is a reference to the first cell to include in the average and “last” is a reference to the last cell to include. The result is a range that includes the N cells to average.

Worked Example:   Last row number in range

To get the first cell in the range, we use INDEX like this:


The array is the entire Sales column, and row number worked by subtracting (n-1) from total rows.

Worked Example:   Get first match cell contains in Excel

In the example, F4 contains 3, so the row number is 10-(3-1) = 8. With a row number of 8, INDEX returns C12.

Worked Example:   Approximate match with multiple criteria in Excel

To get the last cell we use INDEX again like this:


There are 10 rows in the table, so INDEX returns C14.

The AVERAGE function then returns the average of C12:C14, which is $78.33.

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