You can convert the contents of a cell that contains a formula so that the calculated value replaces the formula. If you want to freeze only part of a formula, you can replace only the part you don't want to recalculate. Replacing a formula with its result can be helpful if there are many or complex formulas in the workbook and you want to improve performance by creating static data.
You can convert formulas to their values on either a cell-by-cell basis or convert an entire range at once.
Important: Make sure you examine the impact of replacing a formula with its results, especially if the formulas reference other cells that contain formulas. It's a good idea to make a copy of the workbook before replacing a formula with its results.
This article does not cover calculation options and methods. To find out how to turn on or off automatic recalculation for a worksheet, see Change formula recalculation, iteration, or precision.
Replace formulas with their calculated values
When you replace formulas with their values, Excel permanently removes the formulas. If you accidentally replace a formula with a value and want to restore the formula, click Undo 
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Select the cell or range of cells that contains the formulas.
If the formula is an array formula, select the range that contains the array formula.
How to select a range that contains the array formula
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Click a cell in the array formula.
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On the Home tab, in the Editing group, click Find & Select, and then click Go To.
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Click Special.
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Click Current array.
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Click Copy
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Click Paste
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Click the arrow next to Paste Options
The following example shows a formula in cell D2 that multiplies cells A2, B2, and a discount derived from C2 to calculate an invoice amount for a sale. To copy the actual value instead of the formula from the cell to another worksheet or workbook, you can convert the formula in its cell to its value by doing the following:
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Press F2 to edit the cell.
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Press F9, and then press ENTER.
After you convert the cell from a formula to a value, the value appears as 1932.322 in the formula bar. Note that 1932.322 is the actual calculated value, and 1932.32 is the value displayed in the cell in a currency format.
Tip: When you are editing a cell that contains a formula, you can press F9 to permanently replace the formula with its calculated value.
Replace part of a formula with its calculated value
There may be times when you want to replace only a part of a formula with its calculated value. For example, you want to lock in the value that is used as a down payment for a car loan. That down payment was calculated based on a percentage of the borrower's annual income. For the time being, that income amount won't change, so you want to lock the down payment in a formula that calculates a payment based on various loan amounts.
When you replace a part of a formula with its value, that part of the formula cannot be restored.
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Click the cell that contains the formula.
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In the formula bar
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To calculate the selected portion, press F9.
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To replace the selected portion of the formula with its calculated value, press ENTER.
In Excel for the web the results already appear in the workbook cell and the formula only appears in the formula bar
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