Guayaquil celebrates its foundation on July 25th each year with many social events like parties, concerts, parades and more. Residents, known as Guayacos, enjoy eating typical foods in restaurants and socializing. Some common Guayaquileño Spanish phrases include "Chevere pana" meaning "Cool man" and "Vacilemos unas chelas" meaning "Let's drink some beers". Guayacos have played an important role in shaping Guayaquil's unique culture and language.