# 3 Dollar Sign Shortcuts In Excel That Will Save You Time

by Jacky Chou
Updated on

## Key Takeaway:

• Using dollar sign shortcuts in Excel can save time and increase efficiency. Absolute cell referencing using dollar sign is useful when referencing cells that will not change, while relative cell referencing without dollar sign is useful when copying formulas across columns or rows. Mixed cell referencing combines absolute and relative referencing for more complex formulas.
• Shortcut 1: Use a dollar sign before the column or row reference to create an absolute cell reference that will not change as formulas are copied. Shortcut 2: Use relative cell referencing without dollar signs to copy formulas across rows and columns. Shortcut 3: Use mixed cell referencing with a combination of absolute and relative reference for more complex formulas.
• Using these shortcuts can save time and increase efficiency in Excel. By mastering these and other shortcuts, users can become more proficient in Excel and increase productivity.

You don’t need to be an Excel wizard to optimize your productivity! Check out these three shortcuts using the dollar sign that can save you time and help you work smarter. Whether you’re dealing with tedious data entry or crunching complex calculations, these simple tips will help you maximize efficiency.

## Three Dollar Sign Shortcuts in Excel

Excel mastery requires shortcuts. To save time, use these three dollar sign shortcuts for absolute and relative cell references. Learn:

1. “Shortcut 1 – Absolute Cell Ref with \$”
2. “Shortcut 2 – Relative Cell Ref without \$”
3. “Shortcut 3 – Mixed Cell Ref with a Combo of Absolute & Relative Ref”

Image credits: chouprojects.com by James Jones

### Shortcut 1: Absolute Cell Reference using Dollar Sign

Absolute Reference using Dollar Sign is an efficient feature in Excel. It locks the cell reference so that it doesn’t change when copied or moved to another cell.

Here’s a 4-step guide on using Absolute Reference using Dollar Sign:

1. Select the cell where you want the result
2. Type ‘=’ sign, then go to the original cell
3. Add ‘\$’ sign before both row and column References
4. Press ‘Enter’

Absolute Reference using Dollar Sign can also be used for multiple cells at once by selecting them and following the above steps.

To save time, every Excel user should learn:

• Decimal Point
• Negative Numbers Convention
• Comma Style
• Percentage formatting

to enhance their overall software usage experience.

Make sure you don’t miss out on these handy shortcuts of Excel to effectively manage and efficiently organize your data and increase productivity.

Save yourself from the expenses of therapy by using the second shortcut – no need to shout ‘dollar dollar bill y’all‘ every time you change a cell reference.

### Shortcut 2: Relative Cell Reference without Dollar Sign

When working with Excel, using the correct cell reference is crucial. For efficient use of relative cell references without a dollar sign, follow these 5 easy steps:

1. Go to the cell where you want to input data or formula.
2. Type the equal (=) sign.
3. Move your mouse pointer to the cell that contains data that you want to reference relatively. Do not put any dollar sign (\$) next to it. Just click on it.
4. Type your desired operation (+, -, *, /) or type another cell reference that you want to use in your formula.
5. Hit Enter, and voila! You have a relative cell reference!

Using relative cell referencing helps make changes easily while copying and pasting formulas. Avoid writing complex calculations repeatedly.

A reminder – whenever a row or column is deleted or inserted, Excel would automatically update all formulas from the insertion or deletion point.

Have you ever found yourself waiting for an email response about new instructions which may take hours? Luckily this Excel shortcut can save awkward email exchanges between supervisors and employees.

I’m a sucker for a good mixed reference – like the love child of absolute and relative, it’s the best of both worlds.

### Shortcut 3: Mixed Cell Reference with a Combination of Absolute and Relative Reference

Mixed Cell Reference with Absolute and Relative Reference is a powerful shortcut in Excel that can save you time. With this method, you can lock and unlock certain references in the cell to create formulas quickly.

Step-by-Step Guide:

1. Open a new or existing Excel worksheet.
2. Select the cell where you want to input the formula.
3. Type in “=(B1*\$D\$1)” without quotes.
4. Press Enter or Return key.
5. The formula will copy down across multiple cells while still staying locked in their respective places.

Using Mixed Cell Reference with Absolute and Relative Reference allows you to calculate values efficiently by locking the important parts of your formulas, no matter where they’re located on the spreadsheet.

For example, if you’re working on a budget for your monthly house expenses, start by selecting D1 and pressing F4 so that it says “\$D\$1.” Then type in any other box as B1:E10 individually without dollar signs around either letter or number (i.e. B\$1), depending on whether you want to shift cell references as they are copied nor not shifted at all. Another tip is to use a consistent naming convention when creating tables or graphs to reduce confusion and simplify organization.

## Some Facts About 3 Dollar Sign Shortcuts in Excel That Will Save You Time:

• ✅ Using the shortcut “\$\$\$” in a cell reference will lock the entire reference, rather than just the column or row. (Source: Business Insider)
• ✅ Typing “\$\$” in a cell will switch the reference type from relative to absolute or vice versa. (Source: Excel Campus)
• ✅ “\$” can also be used to quickly reference cells in a formula by typing it before the column or row number. (Source: Lifewire)
• ✅ Using the shortcut “Ctrl + \$” will insert the current date in a cell. (Source: Exceljet)
• ✅ “F4” can be used to repeat the last command, including inserting “\$” in a cell reference. (Source: Microsoft Office Support)

## FAQs about 3 Dollar Sign Shortcuts In Excel That Will Save You Time

### What are the 3 dollar sign shortcuts in Excel that will save you time?

The 3 dollar sign shortcuts in Excel that will save you time are:

• \$A\$1 – Locks both the column and row reference
• A\$1 – Locks the row reference
• \$A1 – Locks the column reference

### How do these dollar sign shortcuts save time?

By using dollar sign shortcuts, you can easily and quickly create formulas that can be copied and pasted across multiple cells. These shortcuts also simplify the task of creating absolute references in Excel.

### Can I change the dollar sign shortcuts once I’ve set them?

Yes, you can change the dollar sign shortcuts whenever you need to. Simply select the cell(s) that contain the dollar sign shortcuts and adjust them accordingly.

### What happens if I don’t use dollar sign shortcuts?

If you don’t use dollar sign shortcuts, Excel will assume that you are referring to relative cell references. This means that as you copy or move a formula to a new cell, the references will change relative to the new location of the formula.

### Are there any other shortcuts in Excel that can save me time?

Yes, there are many other keyboard shortcuts and functions in Excel that can save you time. Some examples include the Ctrl+C and Ctrl+V shortcuts for copy and paste, and the SUM function for easily adding up a range of cells.

### Can I use these dollar sign shortcuts in other Excel functions?

Yes, you can use dollar sign shortcuts in other Excel functions as well. For example, you can use them when referencing cells in the IF or VLOOKUP functions. Simply apply the dollar sign shortcut to the appropriate cell reference within the function.

Auther name

Jacky Chou is an electrical engineer turned marketer. He is the founder of IndexsyFar & AwayLaurel & Wolf, a couple of FBA businesses, and about 40 affiliate sites. He is a proud native of Vancouver, BC, who has been featured on Entrepreneur.comForbesOberlo, and GoDaddy.