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| Iceland
Currency |
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The Icelandic
Krona is the official currency in Iceland.
1 Icelandic Krona (ISK) = 100 aurar.
Notes
are in denominations of ISK 10, 50, 100, 500, 1000, 2000 and 5000.
Coins are in denominations of ISK 1,
5, 10, 50 and 100.
Currency exchange
Foreign currencies can be exchanged in all main banks,
some of which (such as the Landesbankí at Reykjavíkairport)
are open 24 hours. The majority of hotels also
provide their guests with exchange services. Exchange services are
also accessible from The Change Group, which has offices at Reykjavíkairport,
the Tourist Information Centre and in central Reykjavík.
ATMs are also available throughout the Iceland, especially Reykjavík.
Credit & debit cards
Diners Club, American Express, Europay, MasterCard and Visa are
widely accepted. Please check with your credit
or debit card company for details of merchant acceptability and
other services which may be available.
Travellers
cheques
Travellers cheques are widely used. To avoid additional exchange
rate charges, travellers are recommended to take traveller's cheques
in US Dollars.
Exchange rate
indicators
The following figures should be perceived as a guide to the movements
of the Krona against the US Dollar and UK Pounds Sterling: |
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| Date |
At
time of publishing |
| UK
£1.00= |
ISK
122.95 |
| US
$1.00= |
ISK
58.98 |
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Currency restrictions
The export and import of local currency is unrestricted.
When entering Iceland a tourist may bring an unlimited amount of
foreign or domestic currency, the same applies when leaving Iceland.
Banking hours
Banking hours are Monday to Friday from 9.15 am to 4.00 pm. |
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