=$A1 is an example of relative reference.
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Absolute and Relative References
Relative references point to a cell based on its position relative to the current cell. ... For example, suppose the formula =B1+B2+B3 is located in cell A1. When you copy the formula and paste it down two rows into cell A3, the formula will be adjusted down two rows, to =B3+B4+B5 .
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The row and column portions of a relative reference are not preceded by a “$” – for example, A1 is a relative reference to cell A1. If moved or copied, the reference changes by the same number of rows and coulmns as it was moved.
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