I have a string with say: My Name is %NAME% and my age is %AGE%.
%XXX% are placeholders. We need to substitute values there from an object.
Here is another way of doing this by using es6 template literals dynamically at runtime.
const str = 'My name is ${name} and my age is ${age}.'
const obj = {name:'Simon', age:'33'}
const result = new Function('const {' + Object.keys(obj).join(',') + '} = this.obj;return `' + str + '`').call({obj})
document.body.innerHTML = result