How To Fix J3744 - Unable to determine rate for local currency between & & and & &

SAP Error Message - Details

• Message type: E = Error

• Message class: J3 - Dialog Messages for Data Pool Entry Transactions

• Message number: 744

• Message text: Unable to determine rate for local currency between & & and & &

What causes this issue?

You attempted to determine automatically field KHWKURS (rate for local
currency).

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?

Check the Customizing settings for currencies.

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 J3744 - Unable to determine rate for local currency between & & and & & ?

  The SAP error message J3744, "Unable to determine rate for local currency between & & and & &," typically occurs in the context of currency conversion or when trying to process transactions that involve different currencies. 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 (local currency and the currency you are trying to convert to).
  Incorrect Currency Configuration: The currencies involved may not be properly configured in the system.
  Date Issues: The exchange rate may not be valid for the date of the transaction. Exchange rates can be time-sensitive, and if the rate is not maintained for the specific date, the system will not be able to find it.
  Currency Type: The error may also occur if the currency type (e.g., transaction currency, local currency) is not set up correctly in the system.
  
  Solutions:
  
  
  Maintain Exchange Rates:
  
  Go to the transaction code OB08 (or the relevant transaction for maintaining exchange rates).
  Check if the exchange rate for the specified currency pair exists. If not, you will need to create or update the exchange rate for the relevant date.
  
  
  
  Check Currency Configuration:
  
  Ensure that both currencies are correctly configured in the system. You can check this in the transaction code OB22 (for currency types) or OB07 (for currency settings).
  
  
  
  Verify Transaction Date:
  
  Ensure that the transaction date falls within the range of valid exchange rates. If the transaction date is outside the range, you may need to adjust the date or maintain the necessary exchange rates.
  
  
  
  Review Currency Type Settings:
  
  Check the settings for the currency types being used in the transaction. Ensure that they are correctly defined and that the system recognizes them.
  
  
  
  Consult Documentation:
  
  If the issue persists, consult SAP documentation or support for further troubleshooting steps specific to your version of SAP.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB08: Maintain exchange rates.
  OB07: Define currency types.
  OB22: Define currency settings.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  
  
  User Permissions: Ensure that you have the necessary permissions to view and maintain exchange rates in the system.
  
  
  By following these steps, you should be able to resolve the J3744 error and ensure that your currency conversions are processed correctly.