Ahuehuete became the national tree of Mexico in 1910. The tree is sacred to the native peoples of Mexico, and is featured in the Zapotec creation myth. To the Aztecs, the combined shade of an āhuēhuētl and a pōchōtl (Ceiba pentandra) metaphorically represented a ruler's authority. According to legend, Hernán Cortés wept under an ahuehuete in Popotla after suffering defeat during the Battle of La Noche Triste.
Ahuehuetes are frequently cultivated in Mexican parks and gardens. The wood is used to make house beams and furniture. The Aztecs used its resin to treat gout, ulcers, skin diseases, wounds, and toothaches. A decoction made from the bark was used as a diuretic and an emmenagogue. Pitch derived from the wood was used as a cure for bronchitis The leaves acted as a relaxant and could help reduce itching. (Wiki)