Tropically breeding anurans that require heavy rainfall in order to reproduce are subject to favorable breeding conditions that are sporadic. Although there is an increased probability of rain during the rainy season, the probability of local rainfall is unpredictable and this may influence female anuran reproductive strategies. The female túngara frog, a neotropical frog that requires standing water to breed, maintains readiness to breed at any time via asynchronous oogenesis. Although females constantly produce and maintain oocytes during the breeding season, this study shows that they have cyclic fluctuations in gonadal hormone levels. Plasma levels of estrogen significantly change during three reproductive stages within a single reproductive cycle (P=0.03), as do plasma levels of progesterone and androgen (P<0.001 and P=0.001, respectively). Furthermore, elevation in plasma estrogen and progesterone concentrations occurs during the same reproductive stage in which it has been reported that females display the maximum frequency of reproductive behaviors, the amplexed stage. Androgen levels, however, are elevated prior to the reproductive stage in which females display maximal reproductive behavior, that is, the unamplexed stage. Our study suggests that the pattern of gonadal hormone fluctuation in a tropically breeding female anuran is similar to the classic paradigm in which there is a temporal relationship between the appearance of reproductive hormones and reproductive behaviors.