When planning your Icelandic adventure, understanding the currency of Iceland is essential to avoid confusion and enjoy a hassle-free trip. Iceland uses the Icelandic Króna (ISK), and while cash is still accepted, most locals and tourists prefer card payments for convenience.
Card or Cash—What’s Best in Iceland?
Credit and debit cards are widely used across the country, even in remote areas. Most gas stations, restaurants, and stores accept contactless payments. Still, carrying a small amount of ISK can be useful for parking meters, public restrooms, or smaller rural shops.
Where to Exchange Currency
Exchanging foreign currency for ISK is easy at banks, exchange bureaus, or Keflavík International Airport. ATMs are also available throughout Iceland and offer fair exchange rates. It’s best to avoid airport kiosks with high commission fees.
Helpful Money Tips for Travelers
- Inform your bank about international travel to avoid card issues
- Use ATMs for competitive exchange rates
- Keep some cash for emergencies
Before heading off to explore Iceland’s waterfalls, hot springs, and volcanoes, make sure you’re financially prepared. For reliable transportation throughout your journey, consider booking with Hertz Iceland, offering convenient rental options that suit every travel need.