Currency in Iceland: Can You Use Euros in Reykjavik?

Intrigue:

Have you ever wondered if you can use euros in Reykjavik? Iceland is a very popular travel destination and it is important to know what currency to use when you are there. In this article, we will answer your burning question and give you some tips on how to handle money in Iceland.

Is Euro accepted in Reykjavik?

The short answer is no, Euros are not accepted in Reykjavik. Iceland has its currency, the Icelandic Krona (ISK), which is widely used in the country. However, many places in Reykjavik do accept credit cards, so you don’t need to worry about exchanging money.

Where can I exchange my money?

If you need cash, you can exchange your currency at many banks in Reykjavik. You can also find currency exchange offices in the airport and tourist areas. Keep in mind that the exchange rates might not be the best, so it is essential to compare rates before doing any exchange.

Additionally, you can withdraw Icelandic Krona from ATMs, which are widely available throughout the city. However, some ATMs might charge you a withdrawal fee, so make sure to check with your bank beforehand.

How much money should I bring to Reykjavik?

The amount of money you should bring to Reykjavik depends on your travel style and budget. Iceland is known to be an expensive destination, with high prices for food, drinks, and tours. However, you can still find affordable options if you plan ahead.

For example, if you plan to eat street food or cook your meals, you can save a lot of money on food. Additionally, many natural attractions in Iceland are free, such as hiking trails and waterfalls, so you don’t need to spend a lot of money to enjoy the country’s beauty.

Tips on handling money in Iceland

• Always check the exchange rates before doing any currency exchange.
• Use credit cards whenever possible to avoid carrying too much cash.
• If you need cash, withdraw from ATMs that belong to your bank to avoid withdrawal fees.
• Be prepared for high prices and plan accordingly.
• Keep an eye on your budget and avoid overspending.

So, there you have it. Euros are not accepted in Reykjavik, but you can exchange your currency or withdraw Icelandic Krona from ATMs. Remember to plan ahead and bring enough money to cover your expenses, and don’t forget to enjoy Iceland’s natural beauty!