How To Fix CMS_CURR_CONV002 - Rate of exchange for the currency pair is not maintained

SAP Error Message - Details

• Message type: E = Error

• Message class: CMS_CURR_CONV - Message class for currency conversion

• Message number: 002

• Message text: Rate of exchange for the currency pair is not maintained

What causes this issue?

Rate of exchange for the currency pair is not maintained.

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?

The conversion amount is zero. No further processing is taken up.

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 CMS_CURR_CONV002 - Rate of exchange for the currency pair is not maintained ?

  The SAP error message CMS_CURR_CONV002 indicates that the system cannot find a maintained exchange rate for a specific currency pair. This typically occurs when you are trying to perform a currency conversion or transaction involving two currencies for which the exchange rate has not been defined in the system.
  Cause:
  
  Missing Exchange Rate: The primary cause of this error is that the exchange rate for the specified currency pair (e.g., USD to EUR) has not been maintained in the system.
  Incorrect Currency Pair: The currency pair being used may be incorrect or not supported.
  Date Issues: The exchange rate may not be maintained for the specific date of the transaction. Exchange rates can be date-sensitive, and if the rate is not available for the date in question, this error can occur.
  Configuration Issues: There may be configuration issues in the currency conversion settings or in the financial settings of the SAP system.
  
  Solution:
  
  
  Maintain Exchange Rates:
  
  Go to the transaction code OB08 (or use the appropriate transaction for your version of SAP).
  Enter the currency pair that is causing the error.
  Maintain the exchange rate for the required date or date range.
  Save your changes.
  
  
  
  Check Currency Pair:
  
  Verify that the currency pair you are using is correct and that both currencies are supported in your SAP system.
  
  
  
  Review Date Settings:
  
  Ensure that the exchange rate is maintained for the specific date of the transaction. If you are working with historical data, make sure the rates are available for those dates.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for any specific configurations related to currency conversion that may need to be adjusted.
  
  
  
  System Configuration:
  
  If you are not able to resolve the issue, consult with your SAP Basis or configuration team to check if there are any system-wide settings that need to be adjusted.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain exchange rates.
  TCURR: Table for exchange rates.
  
  
  Currency Types: Ensure that you are aware of the different types of currencies (e.g., transaction currency, local currency) and how they are configured in your system.
  SAP Notes: Check for any relevant SAP Notes that may address known issues or provide additional guidance on maintaining exchange rates.
  
  By following these steps, you should be able to resolve the CMS_CURR_CONV002 error and ensure that the necessary exchange rates are maintained in your SAP system.