diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7940a6a29b..1b41ac2854 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -28,6 +28,7 @@ and this project adheres to [Semantic Versioning](https://semver.org).
 - Nothing.
 
 ### Fixed
+- Correctly handle absolute A1 references when converting to R1C1 format [PR #2060](https://github.com/PHPOffice/PhpSpreadsheet/pull/2060)
 - Correct default fill style for conditional without a pattern defined [Issue #2035](https://github.com/PHPOffice/PhpSpreadsheet/issues/2035) [PR #2050](https://github.com/PHPOffice/PhpSpreadsheet/pull/2050)
 - Fixed issue where array key check for existince before accessing arrays in Xlsx.php. [PR #1970](https://github.com/PHPOffice/PhpSpreadsheet/pull/1970)
 - Fixed issue with quoted strings in number format mask rendered with toFormattedString() [Issue 1972#](https://github.com/PHPOffice/PhpSpreadsheet/issues/1972) [PR #1978](https://github.com/PHPOffice/PhpSpreadsheet/pull/1978)
diff --git a/src/PhpSpreadsheet/Cell/AddressHelper.php b/src/PhpSpreadsheet/Cell/AddressHelper.php
index b0e34e253c..632c046fdd 100644
--- a/src/PhpSpreadsheet/Cell/AddressHelper.php
+++ b/src/PhpSpreadsheet/Cell/AddressHelper.php
@@ -102,14 +102,23 @@ public static function convertToR1C1(
         ?int $currentRowNumber = null,
         ?int $currentColumnNumber = null
     ): string {
-        $validityCheck = preg_match('/^\$?([A-Z]{1,3})\$?(\d{1,7})$/i', $address, $cellReference);
+        $validityCheck = preg_match(Coordinate::A1_COORDINATE_REGEX, $address, $cellReference);
 
         if ($validityCheck === 0) {
             throw new Exception('Invalid A1-format Cell Reference');
         }
 
-        $columnId = Coordinate::columnIndexFromString($cellReference[1]);
-        $rowId = (int) $cellReference[2];
+        $columnId = Coordinate::columnIndexFromString($cellReference['col_ref']);
+        if ($cellReference['absolute_col'] === '$') {
+            // Column must be absolute address
+            $currentColumnNumber = null;
+        }
+
+        $rowId = (int) $cellReference['row_ref'];
+        if ($cellReference['absolute_row'] === '$') {
+            // Row must be absolute address
+            $currentRowNumber = null;
+        }
 
         if ($currentRowNumber !== null) {
             if ($rowId === $currentRowNumber) {
diff --git a/src/PhpSpreadsheet/Cell/Coordinate.php b/src/PhpSpreadsheet/Cell/Coordinate.php
index 0b3917f265..58d2573e66 100644
--- a/src/PhpSpreadsheet/Cell/Coordinate.php
+++ b/src/PhpSpreadsheet/Cell/Coordinate.php
@@ -13,6 +13,8 @@
  */
 abstract class Coordinate
 {
+    public const A1_COORDINATE_REGEX = '/^(?<absolute_col>\$?)(?<col_ref>[A-Z]{1,3})(?<absolute_row>\$?)(?<row_ref>\d{1,7})$/i';
+
     /**
      * Default range variable constant.
      *
@@ -29,8 +31,8 @@ abstract class Coordinate
      */
     public static function coordinateFromString($pCoordinateString)
     {
-        if (preg_match('/^([$]?[A-Z]{1,3})([$]?\\d{1,7})$/', $pCoordinateString, $matches)) {
-            return [$matches[1], $matches[2]];
+        if (preg_match(self::A1_COORDINATE_REGEX, $pCoordinateString, $matches)) {
+            return [$matches['absolute_col'] . $matches['col_ref'], $matches['absolute_row'] . $matches['row_ref']];
         } elseif (self::coordinateIsRange($pCoordinateString)) {
             throw new Exception('Cell coordinate string can not be a range of cells');
         } elseif ($pCoordinateString == '') {
diff --git a/tests/data/Cell/A1ConversionToR1C1Relative.php b/tests/data/Cell/A1ConversionToR1C1Relative.php
index 76a6aee879..dd9b23918f 100644
--- a/tests/data/Cell/A1ConversionToR1C1Relative.php
+++ b/tests/data/Cell/A1ConversionToR1C1Relative.php
@@ -2,18 +2,33 @@
 
 return [
     ['R[2]C[2]', 'O18', 16, 13],
+    ['R18C15', '$O$18', 16, 13],
     ['R[-2]C[2]', 'O14', 16, 13],
+    ['R[-2]C15', '$O14', 16, 13],
     ['R[2]C[-2]', 'K18', 16, 13],
+    ['R18C[-2]', 'K$18', 16, 13],
     ['R[-2]C[-2]', 'K14', 16, 13],
     ['RC[3]', 'P16', 16, 13],
+    ['R16C[3]', 'P$16', 16, 13],
     ['RC[-3]', 'J16', 16, 13],
+    ['RC10', '$J16', 16, 13],
     ['R[4]C', 'M20', 16, 13],
+    ['R[4]C13', '$M20', 16, 13],
     ['R[-4]C', 'M12', 16, 13],
+    ['R12C', 'M$12', 16, 13],
     ['RC', 'E5', 5, 5],
+    ['R5C5', '$E$5', 5, 5],
     ['R5C', 'E5', null, 5],
+    ['R5C5', '$E5', null, 5],
+    ['R5C', 'E$5', null, 5],
     ['RC5', 'E5', 5, null],
+    ['RC5', '$E5', 5, null],
+    ['R5C5', 'E$5', 5, null],
     ['R5C[2]', 'E5', null, 3],
+    ['R5C5', '$E5', null, 3],
+    ['R5C[2]', 'E$5', null, 3],
     ['R[2]C5', 'E5', 3, null],
+    ['R5C5', '$E$5', 3, null],
     ['R5C[-2]', 'E5', null, 7],
     ['R[-2]C5', 'E5', 7, null],
 ];