Consequently, there was no official coinage until 1844, when the British East India Company relented and decided to introduce its own coinage for use in the Straits Settlements.
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The Cocos Keeling Islands, named after Captain William Keeling who discovered them in 1609, consist of 27 small coral islands with an area of about 5 miles.
They are situated in the eastern part of the Indian Ocean, south of Sumatra.
In 1867, the Straits Settlements was transferred from the Indian Government to the Imperial Government and became a Crown Colony.
With its new status, the first coins in 5¢, 10¢ and 20¢ denominations, bearing the inscription 'Straits Settlements', were Pasteissued in 1871.
These included tampang or money cast in shapes of pagodas and pyramids and tin-animal money.