For example, when you enter the following dates, Excel displays the following:
Date entered Date that appears
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Dec 1 December 1, <year>*
Dec 31 December 31, <year>*
Dec 32 December 1, 1932
December 99 December 1, 1999
=YEAR("Dec 2") <year>*
=YEAR("Dec 33") 1933
* where <year> is the current year in four-digit format.