
What are relative and absolute cell references and how to differentiate them?
Relative cell reference changes when copying a formula. It is the default reference when creating a formula. Examples are A1, B2…
Absolute cell reference remains unchanged when copying a formula. Absolute cell reference is distinguished from relative reference by the $ symbol. Examples are $A1$1, $B1$2…
Mixed address is a combination of relative and absolute addresses. For example, $A1. B$2….
Example to distinguish between relative and absolute addresses:

In the formula of column F3 =VLOOKUP(D3,$I$2:$J$5,2,FALSE).
Cell D3 is a relative address. And $I$2:$J$5 is an absolute address. When you copy the formula to cell D4, the formula in cell D4 will be =VLOOKUP(D4,$I$2:$J$5,2,FALSE).

When copying formulas, Excel automatically adjusts the position from D3 => D4 corresponding to the relative change in relation to the positions of cells F3 and F4. However, the range $I$2:$J$5 remains unchanged because you have set it as an absolute position.
How to switch between relative and absolute referencing
Relative cell reference is the default address when you create a formula. To switch to relative position, press the F4 key immediately after entering the relative position.
For example, in any cell, you type: =B1, you press the F4 key once => the address changes to =$B$1: absolute for both column and row). Press F4 key again => the address changes to =B$1: absolute row and relative column. Press F4 key again => the address changes to =$B1: relative row and absolute column. Press the F4 key to return to the absolute address =B1.
Applying relative and absolute cell references in Excel
Absolute cell references are used in functions like LOOKUP, INDEX, MATCH, SUMIF, COUNTIF, RANK, etc., which extract data from related tables.
Example using the RANK function to rank a series of numbers:

In the above usage, you set the Value argument as relative to have the formula adjust based on the cell position when copied. As for the range $G$3:$G$12, you set it as absolute to maintain its position when copying the formula.
Here Mytour has introduced absolute and relative addresses to readers. We hope this article will be helpful to you. Wishing you all success!!!