Excel Formula Meaning of $

Question

what the meaning of this formula?

=B9/$G$3

Actually i didn\'t understand what the meaning of $ sign.

Answer 1

The $ tells Excel not to change the number / character that comes after it when you extend the selection.

If you put that formula in D5, then fill it down to E5, it will become C9/$G$3.
The G doesn't change to H because the $ tells it not to.