How To Fix FTR_MIR103 - Unable to determine the rate for currencies &1 &2

FTR_MIR103 - Overview

• Message type: E = Error

• Message class: FTR_MIR - Messages for Mirror Transactions

• Message number: 103

• Message text: Unable to determine the rate for currencies &1 &2

What causes this issue?

The system cannot determine the rate because no margin calculation is
possible for the currency pair &V1& &V2&.

How to fix this error?

Inform your business partner.

Error message extract from SAP system. Copyright SAP SE.

FTR_MIR103 - Details

• The SAP error message FTR_MIR103 ("Unable to determine the rate for currencies &1 &2") typically occurs in the context of financial transactions, particularly when dealing with foreign currency valuations or transactions in the SAP system. This error indicates that the system is unable to find a valid exchange rate for the specified currencies.
  Causes:
  
  Missing Exchange Rate: The most common cause is that there is no exchange rate defined in the system for the specified currency pair (e.g., USD to EUR).
  Incorrect Date: The exchange rate may not be available for the date of the transaction. Exchange rates are often defined for specific periods, and if the transaction date falls outside of this range, the system will not find a valid rate.
  Currency Configuration: The currencies involved may not be properly configured in the system, or they may not be set up for exchange rate determination.
  Exchange Rate Type: The exchange rate type being used