How To Fix MQ421 - Exchange rate entry ignored

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 421

• Message text: Exchange rate entry ignored

What causes this issue?

You tried to enter an exchange rate in an exchange rate field which was
not predefined.

System Response

An entry is not required in table TCURR for exchange rate type &v1& and
currency relation &v2& - &v3&. Therefore your entry is ignored.

How to fix this error?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ421 - Exchange rate entry ignored ?

  The SAP error message "MQ421 Exchange rate entry ignored" typically occurs in the context of foreign currency transactions, particularly when dealing with exchange rates in the SAP system. This message indicates that the system has encountered an issue with the exchange rate entry, which is being ignored for processing.
  
  Cause:
  
  Missing Exchange Rate: The exchange rate for the specified currency pair may not be defined in the system for the relevant date.
  Invalid Exchange Rate Type: The exchange rate type being used may not be valid or may not have been maintained properly.
  Date Issues: The exchange rate may not be valid for the date of the transaction. For example, if the transaction date is outside the range of valid exchange rates.
  Currency Pair Issues: The currency pair involved in the transaction may not be supported or may not have a defined exchange rate.
  
  Configuration Issues: There may be configuration issues in the currency settings or