How to Calculate Average If Within Date Range in Excel (3 Ways)

To demonstrate our methods, we’ll use a sample dataset containing Date, Region, and Sales. and calculate the average Sales within a certain date range.

Method 1 – Using the AVERAGEIFS Function

AVERAGEIFS is the most commonly used formula for calculating the average if within a date range.

Let’s calculate the average sales between the dates 22/03/2022 and 29/03/2022.

Steps:

In cell F5 enter the following formula:

=AVERAGEIFS(D5:D15, B5:B15,"<=29/03/2022", B5:B15,">=22/03/2022")

Press ENTER to return the result.

Method 2 – Using the AVERAGE Function

Let’s calculate the average sales from 20/03/2022 to 28/03/2022 using AVERAGE in conjunction with IF.

Steps:

In cell F5 enter the following formula:

=AVERAGE(IF((B5:B15>=B5)*(B5:B15<=B13),D5:D15))

Press CTRL+SHIFT+ENTER to return the result (ENTER in Excel 365)

Formula Breakdown

IF((B5:B15>=B5)*(B5:B15<=B13),D5:D15) returns {100;200;300;400;500;600;700;800;900;FALSE;FALSE}
This is the array of all the Sales values within our specified range.
AVERAGE({100;200;300;400;500;600;700;800;900;FALSE;FALSE}) returns 500.

Read More: How to Pull Data from a Date Range in Excel

Method 3 – Using the SUMPRODUCT Function

Let’s calculate the average of sales between 21/03/2022 and 28/03/2022 using the SUMPRODUCT Function.

Steps:

In cell F5 enter the following formula:

=SUMPRODUCT(--(B5:B15>=B6),--(B5:B15<B14),D5:D15)/SUMPRODUCT(--(B5:B15>=B6),--(B5:B15<B14))

Press ENTER to return the result.

Formula Breakdown

SUMPRODUCT(–(B5:B15>=B6),–(B5:B15<B14),D5:D15) returns 4400 (Total Sales Value).
SUMPRODUCT(–(B5:B15>=B6),–(B5:B15<B14)) returns 8 (Total Number of Sales).
Total Sales Value / Total Number of Sales = Average Sales Value.

Download Practice Workbook

Average within Date Range.xlsx

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2 Comments

MKM Jun 9, 2022 at 2:24 AM

Hi! This is helpful but I am interested to see if you could do average sales in a time period and a county. So let’s say, I want to find the average sales in May in each country. Could you help me with a formula for that?
- Reply
  Mursalin Aug 21, 2022 at 11:12 AM
  
  Hi MKM,
  Thanks for your comment. To answer your question, we can use the dataset below. It contains 3 rows of sales for Germany. The first sale happened in March and the other two sales happened in May. From this dataset, we can easily calculate the average sales for May in Germany.
  
  To calculate the average sales for May in Germany, select Cell F5 and type the formula below:
  =AVERAGEIFS(D5:D15, B5:B15,”<=5/31/2022", B5:B15,">=5/01/2022″,C5:C15,”Germany”)
  Press Enter to see the result.
  
  I hope this will help you to solve your problem. Please let us know your queries if you face any issues.
  Thanks.