Excel hyperlinks can navigate to a web page, a document, another worksheet location, or an email action. The Ablebits guide describes several insertion methods and distinguishes different destination types. A link inside a workbook can make a large set of sheets easier to navigate.

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Illustrative image.

Check the target rather than relying on the familiar underlined appearance. A document moved to another location may no longer be reachable through its old address. Choose link text that explains the destination and test the result after moving or sharing the workbook, especially when local file paths are involved.