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Currency in Iceland: Everything Tourists Need to Know Before Visiting

Planning your Iceland trip? Discover all you need to know about the currency in Iceland, including the Icelandic kru00f3na (ISK), exchange tips, and digital payment options. Whether renting a car with Hertz Iceland or shopping locally, our guide helps you manage your money with ease while exploring Iceland. To learn more details, visit our website today https://www.hertz.is/<br>

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Currency in Iceland: Everything Tourists Need to Know Before Visiting

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  1. CurrencyofIceland: EverythingYouNeed toKnowBeforeYouTravel www.hertz.is

  2. WhatistheCurrencyin Iceland? IcelandusestheIcelandicKrona,often abbreviatedasISKorsimplydisplayedas“kr”. ThecurrencyisissuedbytheCentralBankof Icelandandcomesinbothcoinsand banknotes. BankNotesandCoinsinIceland Frequentlyusedcoinsincludekr1,kr5,kr10, kr50,andkr100,whilecommonbanknotesare kr500,kr1000,kr2000,kr5000,andkr10000.

  3. DoYouNeedToExchangeCurrencyBeforeVisiting Iceland? Whenyou’repreparingforyourtriptoIceland,it neverhurtstokeeptabsonIcelandcurrencyexchangeratesandaimtoexchangesomeof yourcurrencytoISKwhentherateisfavourable foryou. WhereisanIcelandCurrencyExchange? IfyoudowanttoexchangecurrencyinIceland, youcanstilldosoonceyouarrive.Youwon’tsee manyspecificmoneyexchangeshopsinthe townsofIceland,noteveninReykjavik.So,the bestoptionistoexchangeyourmoneyat KeflavikInternationalAirportwhenyouarrive.

  4. PayingforFuel/GasinIceland Ifyou’retravellinginIceland,you’relikelydoingsowitha rentalcar.It’shandsdownthebestwaytogetaroundthe islandandvisitalltheattractionsyouwanttoseeonyour trip. Ifyou’redriving,thenyou’llneedtorefuel.Ifyou’restopping inbiggertownslikeReykjavikorAkureyri,youwillhaveno troublefindingregulargasstationswithattendantswhere youcanpayineithercashorcard. FormoreinformationaboutpayingforfuelinIceland,check out:IcelandgasstationguideandGuidetoGaspricesin Iceland.

  5. IsFoodExpensiveinIceland? FoodinIcelandtendstobemoreexpensivethaninother Europeancountries,asmanyfoodproductsareimported,which candrivethepriceup.Bothdiningoutandpurchasingfrom grocerystorescanseempriceycomparedtowhatyou’reusedto athome,dependingonwhereyou’refrom. Amealataninexpensiverestaurantwillrunyoubetween2700– 4100KR(20–30USD),whileathree-coursedinnerfortwoata mid-rangerestaurantwillcostabout10000–16000KR(about75– 120USD).

  6. Tax-FreeShoppingin Iceland Don’tforgettoaskforatax-freereceiptwhen shoppinginIceland!Your purchases maybe eligiblefor ataxrebate,andwithsuchhighVAT inIceland,youcangetquiteabitofmoney back. WhenyouleaveIceland,takeyourreceiptsto thecustomsofficeatKEFairportandthenthey willprovideyouwithyourrefund.

  7. MostImportantly:BookYourRentalCarinAdvance ThebestwaytogetagooddealonarentalcarinIcelandis bybookinginadvanceandatopportunetimesoftheyear. CarrentalpricesinIcelandarecheapestduringFebruary, MarchandNovember,sovisitingduringthesetimesisthe bestwaytoreducetheamountofIcelandcurrencyyou spend.Regardless,youcancheckoutthedifferentrental carsavailableandenterthedatesyou’dliketovisittoget aquoteforhowmuchitmightcostyou.

  8. FunFactsAbouttheIcelandicBankNote:WhoAre theFiguresonIcelandCurrencyBills? 500ISK–JónSigurðsson JónSigurðssoniscelebratedasakeyleaderinIceland’s movementforindependence,symbolizingIcelandicpride andresilience. 1,000ISK–BrynjólfurSveinsson BrynjólfurSveinsson,a LutheranbishopatSkálholt,is knownforhisdedicationtopreservingIceland’sNorse mythologyandsagas,securingavitalpartofIcelandic heritage.

  9. 2,000ISK–JóhannesKjarval JóhannesKjarval,oneofIceland’sbelovedpainters,is renownedforhisdepictionsofIcelandiclandscapes. 5,000ISK–RagnheiðurJónsdóttir RagnheiðurJónsdóttir,theonlywomanfeaturedon Iceland’sbanknotes,wasaskilledseamstressandteacher. 10,000ISK–JónasHallgrímsson JónasHallgrímssonisoneofIceland’scherishedpoets, bestknownforhiscontributionstoIcelandicliteratureand forauthoringthefamousPassionHymns.

  10. CurrencyofIcelandGuide UnderstandingthecurrencyinIcelandisn’t challenging,butaswithanynewcurrency,it’s helpfultoknowwhattoexpectinadvance. Whenyou’rebudgetingandplanningforyour trip,it’simportanttoconsidercurrencytomake sureyou’regettingthebestexchangerateand canfindwaystosavemoneyduringyourtime inIceland. BookyourcarwithHertzIcelandnow,and you’llbeabletopickyourcarupinthearrivals halloftheairportwhenyoulandandheadright toyourfirstdestination!

  11. CONTACTUS Phone +3545224400 Email hertz@hertz.is Website www.hertz.is Location Flugvallarvegi5,101Reykjavík

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