How To Fix 70121 - Invalid currency pair &1 and &2

SAP Error Message - Details

• Message type: E = Error

• Message class: 70 - HR: Messages in Master Data Reporting

• Message number: 121

• Message text: Invalid currency pair &1 and &2

What causes this issue?

In the <LS>Valid Country Currencies</> table (T500W) the validity
periods for the old national currency and the Euro are defined. These
two entries are the basis of the dual currency phase. However, a dual
currency phase has not been defined for currency pair &V1& and &V2&,
therefore conversion is not possible.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Enter a valid currency, or maintain the dual currency phase in the
<LS>Valid Country Currencies</> table (T500W).

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 70121 - Invalid currency pair &1 and &2 ?

  The SAP error message 70121, which states "Invalid currency pair &1 and &2," typically occurs in the context of currency conversion or when dealing with financial transactions that involve multiple currencies. This error indicates that the specified currency pair (e.g., currency A and currency B) is not valid or recognized in the system.
  Causes:
  
  Currency Pair Not Defined: The currency pair you are trying to use may not be defined in the system. This can happen if the currencies have not been set up in the currency configuration.
  Missing Exchange Rate: There may be no exchange rate defined for the specified currency pair in the system.
  Inactive Currencies: One or both of the currencies in the pair may be inactive or not allowed for transactions.
  Incorrect Currency Codes: The currency codes used may be incorrect or misspelled.
  Configuration Issues: There may be issues with the configuration settings related to currency management in SAP.
  
  Solutions:
  
  
  Check Currency Configuration:
  
  Go to the transaction code OB08 to check the exchange rates. Ensure that the currency pair is defined and that there is a valid exchange rate for the currencies involved.
  If the currency pair is not defined, you may need to create it.
  
  
  
  Activate Currencies:
  
  Ensure that both currencies in the pair are active. You can check this in the transaction code OB07 (for currency settings) to see if the currencies are marked as active.
  
  
  
  Verify Currency Codes:
  
  Double-check the currency codes being used in the transaction to ensure they are correct and conform to the ISO standards.
  
  
  
  Update Exchange Rates:
  
  If the exchange rate is missing or outdated, you can update it in the same transaction (OB08) or through the appropriate exchange rate maintenance transaction.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for any specific configurations or settings that may be affecting currency pairs.
  
  
  
  Testing:
  
  After making changes, perform a test transaction to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB08: Maintain exchange rates.
  OB07: Define currencies.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to currency pairs and exchange rates.
  User Roles: Ensure that you have the necessary permissions to make changes to currency settings in SAP.
  
  If the issue persists after following these steps, it may be beneficial to reach out to your SAP support team or consult with an SAP expert for further assistance.