Insider’s Guide: Do you need Euros in Iceland? Find out now!

Have you ever thought about traveling to Iceland and wondered if they accept euros? Iceland is located in the North Atlantic Ocean and known for its stunning landscapes, impressive glaciers, and beautiful Northern Lights. This Nordic country attracts visitors from all over the world because of its unique culture and impressive natural beauty. In this article, we’ll answer the question “Are Euros accepted in Iceland?” and provide you with some valuable information about Iceland that will help you plan your trip.

Basic Information about Iceland

Iceland is a small island nation located in the North Atlantic Ocean. Its official language is Icelandic, which is closely related to other Scandinavian languages. The population of Iceland is only around 364,000, making it one of the least densely populated countries in Europe. The capital of Iceland is Reykjavik, which is located on the west coast of the country.

Currency in Iceland

The currency used in Iceland is the Icelandic króna (ISK). One Icelandic króna is divided into 100 aurar. The symbol for the króna is “kr” or “ISK”. Although Iceland is a member of the European Economic Area (EEA), it is not a member of the European Union (EU) and uses its own currency.

Are Euros Accepted in Iceland?

The short answer is no, euros are not accepted in Iceland. Only the Icelandic króna is accepted as a legal tender in the country. However, major credit and debit cards are widely accepted throughout Iceland and can be used to withdraw money from ATMs. It’s important to note that some smaller businesses, such as small souvenir shops or cafes in remote locations, may only accept cash.

How to Exchange Currency in Iceland

If you need to exchange currency in Iceland, you can do so at banks, post offices, and currency exchange offices located throughout the country. Some larger hotels and tourist information centers also offer foreign exchange services. It’s important to note that exchange rates may differ depending on where you exchange your currency, so it’s a good idea to compare rates before you exchange your money.

Tipping in Iceland

Tipping is not customary in Iceland, as service charges are usually included in the bill. However, if you feel that the service exceeded your expectations, it’s acceptable to leave a small tip. Some restaurants may add a 10-15% service charge to the bill, so it’s important to check your bill before leaving an additional tip.

Conclusion

Now you know that only the Icelandic króna is accepted as a legal tender in Iceland and that euros are not accepted in the country. Overall, Iceland is a magical destination filled with natural wonders and unique experiences. From the stunning Northern Lights to the impressive glaciers and waterfalls, there is something for everyone. We hope this article has provided you with valuable information about Iceland that will help make your trip a success.