1⁄24 Rixdollar

Ceylon passed to British administration under the Cession Convention of 1796 — first to the British East India Company, then directly to the Crown in 1798 — inheriting a monetary system that was genuinely chaotic, built on Dutch Rixdollars, local silver fanams, and a population accustomed to none of them agreeing in value. The 1⁄24 Rixdollar fractions were part of a sustained attempt to impose coherent small-change coinage across the island, with multiple issuing dates reflected in the distinct KM numbers for this type.

The Company's Ceylon administration struggled throughout this period with counterfeiting of copper fractions, a persistent problem in colonial coinage where the intrinsic metal value and face value were easily exploited.