diff --git a/R/get_currency_exchange_rates.R b/R/get_currency_exchange_rates.R
index d34b07c..452cbf0 100644
--- a/R/get_currency_exchange_rates.R
+++ b/R/get_currency_exchange_rates.R
@@ -32,22 +32,29 @@ get_currency_exchange_rates <-
         year
       )
 
-    httr2::request(url) %>%
+    raw_data <- httr2::request(url) %>%
       httr2::req_headers("Accept" = "application/json") %>%
       httr2::req_timeout(max_seconds) %>%
       httr2::req_retry(
         max_seconds = max_seconds,
         is_transient = ~ httr2::resp_content_type(.x) != "application/json"
-      ) %>%
+        ) %>%
       httr2::req_error(
         is_error = ~ httr2::resp_content_type(.x) != "application/json",
         body = ~ cli::format_inline("IMF API did not return a valid response after {.val {max_seconds}} seconds.")
-      ) %>%
+        ) %>%
       httr2::req_perform() %>%
       httr2::resp_body_json(simplifyVector = TRUE) %>%
       .[["CompactData"]] %>%
       .[["DataSet"]] %>%
-      .[["Series"]] %>%
+      .[["Series"]]
+
+    if (is.null(raw_data)) {
+      log_error("No data found for the specified quarter: {quarter}.")
+      stop("No data found for the specified quarter.")
+    }
+
+    raw_data %>%
       dplyr::rowwise() %>%
       dplyr::mutate(Obs = list(as.data.frame(.data$Obs))) %>%
       tidyr::unnest(cols = "Obs") %>%