How To Fix MQ415 - Exchange rate &1 - &2 from &3 does not seem to be plausible

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 415

• Message text: Exchange rate &1 - &2 from &3 does not seem to be plausible

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ415 - Exchange rate &1 - &2 from &3 does not seem to be plausible ?

  The SAP error message MQ415, which states "Exchange rate &1 - &2 from &3 does not seem to be plausible," typically occurs when there is an issue with the exchange rate data in the system. This error can arise in various contexts, such as during currency conversion in financial transactions or when processing foreign currency documents.
  Cause:
  
  Inconsistent Exchange Rates: The exchange rate between the specified currencies may not be consistent or plausible. For example, if the exchange rate is significantly different from historical rates or market rates, SAP may flag it as implausible.
  Missing Exchange Rate: The exchange rate for the specified currency pair may not be maintained in the system for the relevant date.
  Incorrect Configuration: There may be issues with the configuration of the currency types or the exchange rate types in the system.
  Data Entry Errors: Manual entry errors when inputting exchange rates can lead to implausible values.
  
  Solution:
  
  Check Exchange Rates: Verify the exchange rates for the specified currency pair in the system. You can do this by navigating to the transaction code OB08 (Maintain Exchange Rates) and checking if the rates are correctly maintained for the relevant date.
  Update Exchange Rates: If the exchange rates are missing or incorrect, update them with the correct values. Ensure that the rates are consistent with market rates or historical data.
  Review Configuration: Check the configuration settings for currency types and exchange rate types in the system. Ensure that they are set up correctly and that the relevant exchange rate types are active.
  Consult Documentation: Review SAP documentation or help resources for any specific guidelines related to exchange rate maintenance and plausibility checks.
  Test Transactions: After making changes, test the transactions again to see if the error persists.
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain Exchange Rates
  OBA1: Maintain Exchange Rate Types
  
  
  Currency Types: Understand the different currency types (e.g., transaction currency, local currency, etc.) and how they interact in financial transactions.
  Exchange Rate Types: Familiarize yourself with the different exchange rate types (e.g., average rate, historical rate) and their usage in various financial processes.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to exchange rates and this error message.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or refer to SAP community forums for additional insights.