An exchange rate cannot be found for exchange rate type between currencies USD and GBP

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Posted on by Siva1990

I have configured currencies and exchange rates and my entity accounting currency is EUR and Reporting is GBP. I am trying to post a vendor transaction with USD but system throwing an error like this - An exchange rate cannot be found for exchange rate type YRK between currencies USD and GBP on exchange date 8/1/2025.

"Note I have configured EUR currency as Triangulation currency

My ledger setup as below:

My exchange rates as below:

Transaction error as below: please suggest me how to fix this

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Dynamics 365 Finance

Microsoft Dynamics AX

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CU08081702-0 26 on at

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An exchange rate cannot be found for exchange rate type between currencies USD and GBP

Hi Siva,
In Microsoft Dynamics 365 Finance, the system requires an explicit exchange rate for:

Transaction Currency → Accounting Currency (this is mandatory for all ledgers)

Transaction Currency → Reporting Currency as well—if a reporting currency is enabled on the ledger

If either of these rates is missing, the system will not allow you to post the transaction. It does not automatically triangulate via an alternative currency in this scenario—posting fails outright when a direct exchange rate is unavailable.

Based on my own testing, I confirmed this behavior several times: unless both direct rates are defined under your selected exchange rate type, the system will block posting—even if a third currency (i.e. triangulation currency) exists.
If you find this useful please like and verify it.

Thankyou