1992 (MCMXCII) was a leap year beginning on Wednesday of the Gregorian calendar and was declared the International Space Year by the United Nations Organization.
January 1: In Argentina, the convertible peso replaces the austral as currency.
January 2: Free movement of Spanish workers in the European Economic Community (current European Union) comes into force, one year in advance.
January 3 – The United States officially establishes diplomatic relations with Russia.
January 4 – George H. W. Bush announces the end of the 17-year embargo on Cambodia.
January 6 – In Georgia, President Zviad Gamsakhurdia is overthrown by a military junta.
January 7 – AT&T company introduces the Videophone.
January 11: in Algeria, President Chadli Benyedid resigns in order "not to constitute an obstacle to national unity."
January 16: in the Castle of Chapultepec in Mexico, the Peace Agreements are signed between the Government of El Salvador and the FMLN guerrillas, ending twelve years of civil war in that country.
January 20: An Airbus A320 belonging to the company Air Inter, flying between Lyon and Strasbourg, crashes in the Vosges mountain range (France). 87 people die and 9 survive.
January 26: in Montevideo the improvement of the trolley service is carried out. These, served almost 41 years. When this service was abolished, the electric transport system in Uruguay that had been implemented in 1906 (with trams) disappeared.
February 1: in Spain, the Ministry of Economy and Finance agrees to retain 25% of the cash prizes awarded in television contests that exceed one hundred thousand pesetas.
February 3: in Cartagena (Spain) the protests due to the serious industrial crisis that was being suffered lead to the burning of the Regional Assembly. It was the first time since 1933 that the civilian population set fire to a democratically elected parliament.
February 4: a significant decrease in the level of the ozone layer is detected over the Arctic and the countries of northern Europe.
February 4: Failed coup in Venezuela, commanded by Lieutenant Colonel Hugo Chávez.
February 6: in Madrid, the terrorist group ETA assassinates three Army captains, a soldier and a public official.
February 7: The European Union is established by signing the Maastricht Treaty.
February 7: In Spain, the film Amantes, by Vicente Aranda, wins the two main Goya Awards of 1992: best film and best direction.
February 9: A state of emergency is declared in Algeria after bloody clashes between Muslim fundamentalists.
February 10 – Professional tennis player Jim Courier rises to the top of the ATP world rankings.
February 10 – An airlift is organized from Frankfurt to send aid to the former Soviet republics involving many Western European states and the United States.
February 12: in Mongolia the new Constitution enters into force.
February 13: the Spanish Congress of Deputies approves the Citizen Security Law.
February 15: In Peru, the Shining Path terrorist group assassinates María Elena Moyano, deputy mayor of Villa El Salvador.
February 16: Sheikh Abbas al-Musawi, secretary general of the Shiite organization Hezbollah, is assassinated in Sidon (Lebanon).
February 18: an accidental fire devastates the Pavilion of the Discoveries, the flagship of Expo '92 held in Seville.
February 19: The non-aggression and denuclearization treaty between the two Koreas, officially at war since 1950, is ratified.
February 20: Spanish skier Blanca Fernández Ochoa wins the bronze medal in special slalom at the Olympic Games in Albertville (France), being the first m