The Sukhothai Kingdom was founded after the joint efforts and armies of Poh Khun (King) Pah Muang and Poh Khun (King) Bang Klang Hao successfully dislodged the Khmer from holding on the administrative powers over the territories of Suvarnaphumi. Poh Khun Bang Klang Hao ascended the throne of the Sukhothai Kingdom under a new title and name: King Sri Intharathit.
The pinnacle of political and administrative power, and the development of the Sukhothai Kingdom, was reached during the reign of King Ramkhamhaeng.This Kingdom’s territory was extended to cover the entire length of the Malaysian Peninsula. The initiation of the Thai alphabet and its inscription into stone. Besides, the people of Sukhothai made ceramics which were considered to be of high quality and known as “Sangkalok”. Sangkalok was an important component of exports.
Meanwhile, the medium of exchange used in this kingdom varied but the type of money originated in Sukhothai was “Pod Duang” or “Bullet Money” , it was in circulation for 600 years. It was round-shaped, with long, sharp and pointed tips of legs, and a large hole between the legs. It had marks to show the origin, as few as one and as many as seven marks have been found stamped into Sukhothai Pod Duang. The marks most often found are lion, elephant, conch, Dharma Wheel, lotus, rabbit and ratchawat (a pyramid of dots).