Destinations > Europe > Iceland

Currency, Exchange, Credit Cards, ATMs in Iceland

Flag of Iceland

Iceland's currency is Icelandic krona (ISK). All major banks and also some hotels offer exchange services. Cash can be also easily obtained at ATMs throughout the country, particularly using MasterCard or Visa.

Travelers checks may be exchanged at banks; the recommended currency, giving the best exchange rate is US dollar.

Major credit cards (MasterCard and Visa) are accepted almost everywhere, even in small establishments. American Express or Diners Club are less common.

Banking hours are usually Mon - Fri, 9:00 am - 4:00 pm.

Visitors can claim a refund of the value-added-tax (VAT), of up to approximately 20%, when leaving the country. Purchases should be made in a store that displays a "Tax-free Shopping", with a minimum purchase of 4,000 kronas (appx. US $35). Ask for Iceland Refund Check at the time of purchase. The check can be refunded at the airport, provided that you show the purchased goods, receipt, and proof of a non-Icelandic permanent residency.

There is a duty-free store at the airport for arriving passengers, particularly popular among those who would like to buy cheaper alcohol, very expensive elsewhere in Iceland.

Current Icelandic Krona Rates

For other currencies or conversion amounts go to Currency Converter

Wired Tourist Articles

Valencia Holidays - Alicante, Benidorm & Valencia Holiday Attractions

Valencia can be found on the eastern coast of Spain and is bordered by the regions of Catalonia, Aragon, Castilla la Mancha and Murcia. The official languages of the region are Castilian Spanish, which everyone is required to know by law throughout Spain under the Spanish Constitution of 1978, and also Valencia, which is similar to Catalan but under a different name.

« read full article »

A Costa Rican Fairytale: Beauty And The Beach

Costa Rica literally translates into "Rich Coast," so named by Columbus for the gold necklaces worn by the native people when he arrived in the early 16th century. However misleading the name might have been for gold hunters, it appropriately describes Costa Rica's copious coastline...

« read full article »

Home | Travel Destinations | Travel News | Travel Directory | Volcano Tours | Gallery | Site Index | Contact
Follow us on   Follow us on YouTube  YouTube   Follow us on Flickr  Flickr   Follow us on Twitter  Twitter