Fiji's first dedicated coinage series, of which this is a part, was authorized following decades of the islands relying on a patchwork of foreign coins and IOUs issued by local merchants. The Colonial Office approved the distinctive local issue in 1934, with KM#1 marking the inaugural denomination — a coin produced specifically because the plantation economy required small change that existing British colonial issues couldn't reliably supply.
Fiji's first dedicated coinage series, of which this is a part, was authorized following decades of the islands relying on a patchwork of foreign coins and IOUs issued by local merchants. The Colonial Office approved the distinctive local issue in 1934, with KM#1 marking the inaugural denomination — a coin produced specifically because the plantation economy required small change that existing British colonial issues couldn't reliably supply.