The most widely accepted reason by April Fool's Day is believed to have come from The French during the 16th century when the New Year was observed on April 1st. Pope Gregory changed the calendar in 1562 and New Year was moved to January 1st. Since word didn't get around quite as quickly back then, there were many who did not know and continued celebrating April 1st as the New Year. Some would play tricks on them, calling them an "April Fool". Or still yet another theory: It began at the same time around the world as a celebration of the spring equinox.
The French call the victim of a practil joke "poisson d'Avril", which means 'fish of April'. In April, the fish have just hatched making them easy to catch. French youth fool friends by taping a paper fish to their friends' backs
India
• The feast of Huli happens in March, ending on March 31 which is marked with acts of mischief much like April Fool's Day.
Scotland
• The celebration lasts for two days in Scotland. The second day is known as "Taily Day" where pranks involving the rear end are involved. The brunt of the joke is called "hunting the gowk". A gowk is the extinct cuckoo bird.
Spain/Mexico
• The Spanish hold Dia de los Santos Inocentes (The Feast of the Holy Innocents) on December 28th. It is celebrated like April Fool's Day with jokes and gags. It began, however, as a day for Christian to mourn Herod's slaughter of innocent children. With time it changed from a sad day to a fun day.
USA
• Like much of the world, the US celebrates this day with follies. Common jokes include putting salt in sugar bowls and setting clocks behind an hour.