For security ID &1, cannot determine price with price type &3 on &2

What causes this issue?

For the security with ID &V1& up to &V2&, the system has no rate with
rate type &V3& and exchange &V4&.

System Response

The valuation step 'rate valuation' is terminated.

How to fix this error?

For the security with ID &V1& up to the date &V2&, enter a rate with
rate type &V3& and exchange &V4& in the system.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.