How To Fix UO080 - Exchange rate type &1 already exists; it does not have EMU attributes

UO080 - Overview

• Message type: E = Error

• Message class: UO - Maintain Currency Tables TCUR* for Euro Introduction

• Message number: 080

• Message text: Exchange rate type &1 already exists; it does not have EMU attributes

What causes this issue?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

For the exchange rate type you selected, either:
The indicator for conversion according to EMU regulations is not set
or
You have not specified a base currency
or
You specified a base currency that does not agree with the one you
selected for the euro.

How to fix this error?

Specify a different exchange rate type.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UO080 - Exchange rate type &1 already exists; it does not have EMU attributes ?

  The SAP error message UO080 indicates that there is an issue with the exchange rate type you are trying to use in the context of EMU (Economic and Monetary Union) attributes. Specifically, it means that the exchange rate type you are attempting to define or modify already exists in the system, but it does not have the necessary EMU attributes associated with it.
  
  Cause:
  
  Existing Exchange Rate Type: The exchange rate type you are trying to create or modify already exists in the system.
  Missing EMU Attributes: The existing exchange rate type does not have the required EMU attributes, which are necessary for transactions involving currencies that are part of the Eurozone.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Existing Exchange Rate Types:
  
  Go to the transaction code OB08 (or the relevant transaction for managing exchange rates).
  Look for the exchange rate type specified in the error message (denoted as &1).
  Verify if it already