diff --git a/freqtrade/rpc/rpc.py b/freqtrade/rpc/rpc.py
index d7564bc65..2c54d743e 100644
--- a/freqtrade/rpc/rpc.py
+++ b/freqtrade/rpc/rpc.py
@@ -178,7 +178,7 @@ class RPC:
                     current_rate = trade.close_rate
                 current_profit = trade.calc_profit_ratio(current_rate)
                 current_profit_abs = trade.calc_profit(current_rate)
-
+                current_profit_fiat: Optional[float] = None
                 # Calculate fiat profit
                 if self._fiat_converter:
                     current_profit_fiat = self._fiat_converter.convert_amount(