1⁄48 Rixdollar

Ceylon passed from Dutch to British control in 1796, but the monetary system inherited by the new colonial administration was a patchwork of VOC-era copper and locally struck dump coinage that satisfied almost no one. The 1/48 Rixdollar was part of a deliberate rationalisation effort, anchoring small transactions to the Spanish-derived rixdollar accounting unit the Dutch had already embedded in the island's commerce.

The three KM references reflect successive issues across the period, with variation in die details rather than a single continuous production run. Ceylon would not see a fully decimalized currency until 1872.