| Palacagüina | |
| Settlement Type: | Municipality |
| Pushpin Map: | Nicaragua |
| Pushpin Label Position: | right |
| Pushpin Mapsize: | 250 |
| Pushpin Map Caption: | Location in Nicaragua |
| Subdivision Type: | Country |
| Subdivision Name: |  Nicaragua |
| Subdivision Type1: | Department |
| Subdivision Name1: | Madriz |
| Unit Pref: | Imperial |
| Area Total Km2: | 157 |
| Population As Of: | 2005 |
| Population Total: | 12825 |
| Population Density Km2: | auto |
| Population Urban: | 4235 |
| Coordinates: | 13.45°N -110°W |
| Blank Name: | Climate |
| Blank Info: | Aw |
Palacagüina (pronounced as /es/) is a municipality in the Madriz department of Nicaragua.[1]
Palacagüina is a small town; the name comes from the Nahuatl language, meaning "village near the mountains."
Palacagüina is featured in the revolutionary song "Cristo Ya Nació."