Parachromis managuensis is a large species of cichlid native to freshwater habitats in Central America, where it is found from Honduras to Costa Rica. The binomial name refers to Lake Managua in Nicaragua, from which the holotype was obtained. It is a food fish and is also found in the aquarium trade where it is variously known as the jaguar cichlid, managuense cichlid, managua cichlid, guapote tigre, Aztec cichlid, spotted guapote and jaguar guapote. In Costa Rica it is known as the guapote tigre.