just recently a detailed study has published. This was a Maya area, and Maya language and traditions are still strong there.
The Dance of the Conquest, as you might imagine, depicts the Spanish conquest of the Aztec Empire. According to what I have found tonight, this may have been developed already in the 16th century by savvy priests as a way to convey the European version of events to those who did not understand Spanish. However, some articles suggest it may have later evolved into forms that were much darker and more critical of the conquistadors.
What a delightful little window into things one knew nothing about.