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Absolute references in Excel: the $ sign explained

Copying a formula and getting a wall of wrong answers or errors is a classic sign of a reference problem. Excel tests often check this skill indirectly, by asking you to fill a formula down a column, so it's worth getting right.

Three kinds of reference

ReferenceTypeWhen you copy it
B2RelativeThe column and row both change
$B$2AbsoluteNothing changes
B$2MixedThe row stays and the column changes
$B2MixedThe column stays and the row changes

The $ sign locks whatever comes right after it. You can type it yourself, or press F4 while editing a reference on Windows to cycle through the options.

When you need it

Suppose a tax rate sits in cell E1, and you want tax for each order in column B. In C2, you might write =B2*E1. It works on that row. Copy it down, though, and the next row becomes =B3*E2, which points at an empty cell.

The fix is =B2*$E$1. B2 should move with each row, and the tax rate shouldn't. A simple question to ask is: when I copy this, should this reference move? If not, lock it.

You'll need the same thing in lookups, where the table range should stay put: =VLOOKUP(A2, $F$2:$H$20, 3, FALSE).

See the reference tasks in the spreadsheet course →

Where mixed references come in

Mixed references are useful in a grid, like a multiplication table. With numbers across row 1 and down column A, =$A2*B$1 in cell B2 can be copied in any direction. It always uses the row label from column A and the column heading from row 1.

That's a good one to try yourself. If you can build it from memory and fill it across and down correctly, you've got the idea.

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DeskReady is an independent practice tool, not affiliated with any software vendor or employer. Tests vary, so use this as a general guide.