Currency &1 is not allowed as risk currency or invoice currency

What causes this issue?

Currency &V1& is not allowed as a risk currency or invoice currency.

System Response

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

How to fix this error?

Choose a currency that is allowed as a risk currency or invoice
currency.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.