I am converting the data in your MASTERIDS.txt to a dictionary. Key is the old id and value is the new ID. Then search for the dict for the new id using the value from OLDIDS.txt
Demo:
with open("PATH_TO_OLDIDS.txt", "r") as src:
data = src.readlines()
d ={}
with open("PATH_TO_MASTERIDS.txt", "r") as toReplaceSRC:
for i in toReplaceSRC.readlines():
val = i.split()
d[val[0].strip()] = val[1].strip()
for i in data:
toReplace = d.get(i.strip(), None)
if toReplace:
print(i.strip(), " = ", toReplace)
Output:
12F = 1FF
106 = 256
100 = 132
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solved How to find and replace in 2 txt files with Python [closed]