What is the meaning of the dollar sign in Excel?

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Hemant Parmar

Corporate Excel Trainer - 20Years

A dollar sign is typically used inside a formula to make a cell reference as a constant. Lets say you have Exchange rate in cell B1, and various prices in Column C, starting from C3 And you have a formula in D3 = C3 * $B$1 When you copy paste this formula to D4 it will appear as = C4 * $B1$1, which...
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A dollar sign is typically used inside a formulato make a cell referenceas a constant. Lets say you have Exchange rate in cell B1, and variousprices in Column C, starting from C3 And you have a formula in D3 = C3 * $B$1 When youcopy paste this formula to D4 it will appear as = C4 * $B1$1, which means the cell B1 in the formula remains constant. This concept can be used in different ways. The rule is that when you use $ in front of the letter in a cell ID, that column gets locked. So if you use $B1, only column B is constant. When this is used in a formula, only row number will change correspondingly. Similarly, when you use $ in front of the number part of the cell ID, the row gets locked or becomes constant. And when you use the both the cell becomes constant, just like in the above example. hope this helps My online course covers all that is needed from Basics to Commercial level Excel to make you work smart and perform better. In a week you can learn great techniques. Contact me if interested. read less
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