Founding of Asunción is a significant cultural holiday celebrated on August 15th every year in Paraguay. The holiday is dedicated to the founding of the capital city of Paraguay, Nuestra Senora Santa Maria de la Asunción. The city was founded in 1537 by Juan de Salazar y Espinoza, a Spanish explorer who led an expedition upriver from the fort at Buenos Aires. The holiday is a reminder of the city’s history and its creation. Asunción has dominated national society and politics since its founding, making this holiday an important celebration for the country. The day is also an opportunity to spread knowledge about this beautiful city among other people in the world who may be unaware of its existence.