Valley of Peace (Valle de Paz in original Spanish) is a village in the Cayo District of Belize that was founded on March 12, 1982.

Valley of Peace was created as a refugee community for immigrants fleeing from the Salvadoran Civil War.

The United Nations High Commissioner for Refugees (UNHCR) implemented a project to assist the immigrants to find a peaceful and safe place to live.

Throughout that time, the Mennonite Central Committee played a vital role in the survival of the village.

UNHCR also provided zinc for the roofing and cement for the floor of each house built in the community.

By 1985, the villagers started a cooperative with 15 members which grew to 19 by the end of that year.

In 2003, Valley of Peace was considered by the UNHCR as the largest refugee community in Belize.