In Excel, an absolute reference is a cell reference that remains constant when the formula containing the reference is copied or moved to another location. Unlike relative references, which adjust based on their relative position, absolute references always point to the same cell, regardless of where the formula is copied or moved.
Absolute references are denoted by using dollar signs ($) before the column letter and row number in the cell reference.
There are two types of absolute references:
You can apply absolute references by manually typing the dollar signs ($) before the column letter and row number in the cell reference, or you can press the F4 key after selecting the cell reference in the formula to toggle between relative and absolute references.
Absolute references are useful when you want to maintain a constant reference to a specific cell or range, such as when referencing fixed values or when creating formulas that should always refer to the same cells.