Excel is a powerful tool that is commonly used to perform various calculations and analysis. One of the common calculations performed in Excel is the calculation of the year difference between two dates. The year difference between two dates can be calculated using a simple formula in Excel. In this article, we will discuss 10 different usage cases of the formula to find year difference between 2 dates in Excel.
Calculate Age
The formula to calculate age in Excel is the same as the formula to calculate the year difference between two dates. You can use this formula to calculate the age of a person based on their birthdate and current date.
Usage Example: Suppose the birthdate is 01/01/1990 and the current date is 03/15/2023. The formula to calculate age in Excel would be:
=DATEDIF("01/01/1990","03/15/2023","y")
Example Result: 33Calculate the Duration of a Project
You can use the formula to calculate the year difference between the start date and the end date of a project to determine the duration of the project.
Usage Example: Suppose the start date of a project is 01/01/2022 and the end date is 03/15/2023. The formula to calculate the duration of the project in years would be:
=DATEDIF("01/01/2022","03/15/2023","y")
Example Result: 1Calculate the Number of Years Since a Particular Event
You can use the formula to find the number of years since a particular event, such as the founding of a company or the signing of a treaty.
Usage Example: Suppose a company was founded on 01/01/1980. The formula to find the number of years since the company was founded would be:
=DATEDIF("01/01/1980",TODAY(),"y")
Example Result: 43Calculate the Tenure of an Employee
You can use the formula to calculate the tenure of an employee based on their hire date and the current date.
Usage Example: Suppose the hire date of an employee is 01/01/2010 and the current date is 03/15/2023. The formula to calculate the tenure of the employee in years would be:
=DATEDIF(“01/01/2010″,”03/15/2023″,”y”)
Example Result: 13
Calculate the Time Since Last Update
You can use the formula to calculate the time since the last update of a spreadsheet or database.
Usage Example: Suppose the last update of a spreadsheet was on 01/01/2022. The formula to calculate the time since the last update would be:
=DATEDIF("01/01/2022",TODAY(),"y")
Example Result: 1Calculate the Age of an Asset
You can use the formula to calculate the age of an asset based on its purchase date and the current date.
Usage Example: Suppose an asset was purchased on 01/01/2010 and the current date is 03/15/2023. The formula to calculate the age of the asset in years would be:
=DATEDIF("01/01/2010","03/15/2023","y")
Example Result: 13Calculate the Length of a Marriage
You can use the formula to calculate the length of a marriage based on the date of marriage and the current date.
Usage Example: Suppose a couple got married on 01/01/2000 and the current date is 03/15/2023. The formula to calculate
