How To Fix T0877 - An exchange rate of &3 is defined for translation from &1 to &2

T0877 - Overview

• Message type: E = Error

• Message class: T0 - General Treasury

• Message number: 877

• Message text: An exchange rate of &3 is defined for translation from &1 to &2

What causes this issue?

An exchange rate type, for which rate fixing is intended, is used for
exchange rate &V1& / &V2&. The rate which the SAP R/3 System should
continue to use, however, deviates from this fixed rate.
INCLUDE 'CUSTOMIZED_MESSAGE_INFO' OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message T0877 - An exchange rate of &3 is defined for translation from &1 to &2 ?

  The SAP error message T0877 indicates that there is an issue with the exchange rate defined for currency translation. Specifically, it means that the system is unable to find a valid exchange rate for the specified currencies in the translation process.
  
  Cause:
  The error typically arises due to one of the following reasons:
  
  Missing Exchange Rate: There is no exchange rate defined in the system for the specified currency pair (from &1 to &2) for the date in question.
  Incorrect Configuration: The exchange rate type being used may not have the necessary rates defined.
  Date Issues: The exchange rate may not be valid for the date of the transaction or reporting period.
  Currency Pair: The currencies involved may not be correctly set up in the system.
  
  
  Solution:
  To resolve the T0877 error, you can take the following steps:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) in SAP.
  Verify if there is an exchange rate defined for