IBOV 185,547.66 ▼ 0.51% IPSA 11,235.54 ▼ 0.77% IPC MEX 63,507.11 ▼ 1.11% MERVAL 3,028,871 ▼ 1.65% COLCAP 2,511.76 ▼ 2.16% BVL PERÚ 58,496.57 ▲ 0.80% USD/BRL5.15— 0.00% USD/MXN17.22▼ 0.14% USD/CLP954.20▼ 0.22% USD/COP3,135▲ 0.66% USD/PEN3.37▲ 0.46% USD/ARS1,512▲ 0.37% USD/UYU40.19▲ 2.94% USD/PYG5,905▲ 1.29% USD/BOB10.10▼ 13.67% USD/DOP59.01▲ 0.27% USD/CRC444.45▲ 1.84% USD/GTQ7.62▲ 2.98% USD/HNL26.85▲ 0.27% USD/NIO36.62▲ 2.69% USD/VES845.33▼ 0.02% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 2.25% EUR/BRL5.90▼ 0.40% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 185,547.66 ▼ 0.51% IPSA 11,235.54 ▼ 0.77% IPC MEX 63,507.11 ▼ 1.11% MERVAL 3,028,871 ▼ 1.65% COLCAP 2,511.76 ▼ 2.16% BVL PERÚ 58,496.57 ▲ 0.80% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Thursday, September 17, 2026

Asunción celebrates: Santiago Peña’s inauguration coincides with the city’s 486th anniversary

By · August 10, 2023 · 2 min read

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Paraguay’s capital, Asunción, is decked in national colors in anticipation of the inauguration of Santiago Peña as its president and to mark Asunción’s 486th anniversary.

Flags flutter across many locations, with the historic López Palace, dating back to 1857, standing out prominently.

Peña, who emerged victorious in the recent elections with 1,292,079 votes, will assume his office in this iconic building until 2028.

A series of cultural and entertainment activities, including dance performances, theater shows, entrepreneur fairs, and concerts, are set to enliven the capital for several days.

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The official inauguration, scheduled for April 15th, will witness the attendance of multiple heads of state and is expected to host over 100 foreign delegations.

Dignitaries confirming their attendance include Argentina’s Alberto Fernández, Bolivia’s Luis Arce, Brazil’s Luiz Inácio Lula de Silva, Chile’s Gabriel Boric, and Uruguay’s Luis Lacalle Pou.

Other notable attendees comprise Spain’s King Felipe VI, Taiwan’s Vice-President William Lai, and Ralph Gonsalves, the Prime Minister of Saint Vincent and the Grenadines.

The day’s itinerary includes the oath-taking ceremony of Peña and Pedro Alliana as the President and Vice-President, respectively, at the López Palace.

This will be followed by a religious ceremony at the Metropolitan Cathedral, Asunción’s premier Catholic shrine.

Established in 1845, the cathedral is dedicated to the Virgin of the Assumption, the city’s patron.

Later in the day, Peña and First Lady Leticia Ocampos will greet the attending delegates at a presidential luncheon.

The evening promises a grand military and police parade and an artistic performance along the city’s waterfront.

An entrepreneur fair, championed by Ocampos on social media, will showcase local talent and creativity.

The day culminates with an artistic gala, celebrating both the beginning of Peña’s presidential tenure and Asunción’s founding anniversary.

Established in 1537 by Juan de Salazar de Espinosa, Asunción’s history and heritage will be at the forefront of the celebrations.

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For the complete picture, read our in-depth guide: Paraguay: Washington's Most Valued Ally in Latin America

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