Home › Functions › Financial › =XIRR()
Financial All versions ◉ 12 views

=XIRR()

Returns the internal rate of return for a schedule of cash flows that is not necessarily periodic. To calculate the internal rate of return for a series of periodic cash flows, use the IRR function.

Applies To: Excel for Microsoft 365Excel for Microsoft 365 for MacExcel 2024Excel 2024 for MacExcel 2021Excel 2021 for Mac
=XIRR(values, dates, [guess])
Hover argument names in the table for details.
Output typeNumber
Popularity45 / 100
VolatileNo
Dynamic ArrayNo
📥 Download sample .xlsx — Coming soon ▦ Try in Playground Dedicated file for this function — safe & lightweight · sample data + live formulas
Share:

⬇ Download Sample Workbook

A dedicated .xlsx for =XIRR() with Persian sample data & live formulas — open in Excel and practice.

  • Sheet “Sample” — data table + formula in place
  • Sheet “Guide” — syntax, arguments & tips from this page
  • Instant & secure (token + rate limit)
📥 Download XIRR.xlsx — Coming soon ~ 8–12 KB · No macros

⇪ Share

Send this function to friends

🧠 🧠 Quiz this function

%d questions — syntax, example & errors — test yourself!

◧ Arguments

ArgumentTypeRequiredDescription
values Range Required A series of cash flows that corresponds to a schedule of payments in dates. The first payment is optional and corresponds to a cost or payment that occurs at the beginning of the investment. If the first value is a cost or payment, it must be a negative value. All succeeding payments are discounted based on a 365-day year. The series of values must contain at least one positive and one negative value.
dates Range Required A schedule of payment dates that corresponds to the cash flow payments. Dates may occur in any order. Dates should be entered by using the DATE function, or as results of other formulas or functions. For example, use DATE(2008,5,23) for the 23rd day of May, 2008. Problems can occur if dates are entered as text. .
guess Number Optional A number that you guess is close to the result of XIRR.

▣ Examples

نرخ بازده داخلی (0.373362535 یا 37.34%) =XIRR(A3:A7, B3:B7, 0.1)

✦ Tips

  • Microsoft Excel stores dates as sequential serial numbers so they can be used in calculations. By default, January 1, 1900 is serial number 1, and January 1, 2008 is serial number 39448 because it is 39,448 days after January 1, 1900.
  • Numbers in dates are truncated to integers.
  • In most cases you do not need to provide guess for the XIRR calculation. If omitted, guess is assumed to be 0.1 (10 percent).
  • XIRR is closely related to XNPV, the net present value function. The rate of return calculated by XIRR is the interest rate corresponding to XNPV = 0.

⚠ Common Errors

#NUM! XIRR expects at least one positive cash flow and one negative cash flow; otherwise, XIRR returns the #NUM! error value. If any number in dates precedes the starting date, XIRR returns the #NUM! error value. If values and dates contain a different number of values, XIRR returns the #NUM! error value. If XIRR can't find a result that works after 100 tries, the #NUM! error value is returned.
Fix: Check the data or enter an initial guess
#VALUE! If any number in dates is not a valid date, XIRR returns the #VALUE! error value.
Fix: تاریخ‌ها را با تابع DATE وارد کنید و بررسی کنید سلول‌ها واقعاً تاریخ باشند، نه متن.

⇄ Related Functions

=IRR() A number that you guess is close to the result of IRR. =MIRR() Returns the modified internal rate of return for a series of periodic cash flows. MIRR considers both the cost of the investment and the interest received on reinvestment of cash. =XNPV() Returns the net present value for a schedule of cash flows that is not necessarily periodic. To calculate the net present value for a series of cash flows that is periodic, use the NPV function.

💬 Comments & Q&A 0 approved

🔒 Your comment will be published after review.

Share your thoughts — visible after admin approval

No comments yet — be the first!

✍️ Add comment / question

captcha
🔒 Your comment will be published after review.