Important: Try using the new XLOOKUP function, an improved version of VLOOKUP that works in any direction and returns exact matches by default, making it easier and more convenient to use than its predecessor.
Have you ever used VLOOKUP, HLOOKUP, or MATCH to find an exact match in unsorted data? If so, you might have noticed that it took a little while. However, in this update of Excel, you'll notice these calculations are noticeably faster.
There are other performance improvements in this update as well. For more information, check out this blog post.