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Absolute and Relative Cell References in Excel

Hello,

Can someone please explain me the difference between absolute and relative cell references in excel formulas? Also, could you please provide examples of both? It seems to be a great feature which I can’t find a lot of information about. Thank you!
 
It's very simple:

=A1

will change to A2 etc. as you drag copy down and B1 etc. as you drag copy across.

=$A1

will change to A2 etc. as you drag copy down and remain as A1 as you drag copy across.

=A$1

will remain as A1 as you drag copy down and change to B1 etc. as you drag copy across.

=$A$1

will remain as A1 as you drag copy down and A1 as you drag copy across.

If you are using a function such as VLOOKUP, you will want to use the latter for your lookup range so that the range stays fixed as you drag copy across and down.
 
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