Costs and Money in Iceland
The official currency of Iceland is the krona, plural krounur.
In 2006 the exchange rate in Iceland was 70 ISK to the US dollar.
There are some places in Iceland that accept the US dollar, like Reykjavik, but for the most part you should carry Icelandic money.
It’s easy to exchange your money in Iceland at the airport, exchange kiosks, and the bank.
It’s also very convenient to use credit cards in Iceland.
Visa and MasterCard are widely accepted and also American Express and Diner’s Club.
Bank machines and ATMs are easy to find wherever you go.