Buy Icelandic Krona Online

Your daily budget in Iceland depends on your travel style and destination. On average, budget travellers can expect to spend around ISK 10,000 to ISK 20,000 per day. For mid‑range travellers, the budget may range from ISK 20,000 to ISK 40,000 per day, while luxury travellers could spend over ISK 50,000 daily. Reykjavik and popular tourist areas tend to be more expensive, while smaller towns can be slightly more affordable.

The Icelandic Krona (ISK) comes in both coins and banknotes. Coins are available in 1, 5, 10, 50, and 100 krona. Banknotes come in ISK 500, ISK 1,000, ISK 2,000, ISK 5,000, and ISK 10,000. Carrying a mix of coins and notes makes it easier to pay for both small and larger transactions in Iceland.

Yes, cash is accepted in Iceland, but the country is extremely card‑friendly. Most shops, restaurants, hotels, and even small vendors accept debit and credit cards. It’s still recommended to carry a small amount of ISK along with a Hays Travel Money Prepaid Mastercard® Currency Card for convenience during your trip.

When using a credit or debit card in Iceland, you may incur foreign transaction fees that typically range from 1% to 3% of the transaction. Some ATMs may also charge a withdrawal fee. To minimise costs, consider using a Hays Travel Money Prepaid Mastercard® Currency Card.

The Icelandic Krona (ISK) is the official currency of Iceland. While some tourist areas may accept Euros (EUR) or US Dollars (USD), it’s always best to pay in ISK for the most accurate pricing and to avoid unfavourable conversion fees.

Tipping is not generally expected in Iceland, as service charges are usually included in the bill. However, rounding up or leaving a small tip for excellent service is appreciated. For taxis, rounding up the fare is common, and hotel staff may receive small gratuities for assistance.

The cost of a meal in Iceland varies depending on the dining experience. A simple meal at a casual restaurant may cost between ISK 2,000 to ISK 4,000. For a mid‑range restaurant, expect to pay around ISK 4,000 to ISK 8,000 per person. Fine dining in Reykjavik can cost anywhere from ISK 10,000 to ISK 20,000 or more per person.

The amount of Icelandic Krona (ISK) you should buy depends on your trip length, destination, and spending habits. It’s recommended to exchange enough ISK to cover initial expenses like transport and meals. You can also use a Hays Travel Money Prepaid Mastercard® Currency Card for added flexibility to add funds as required.

The best time to buy Icelandic Krona is when the exchange rate is favourable. Track the ISK exchange rate in the months leading up to your trip and buy your currency when the rate is optimal. Alternatively, you can use a Hays Travel Money Prepaid Mastercard® Currency Card to lock in a favourable rate before departure.

The Icelandic Krona (ISK) is the official currency of Iceland and is not accepted outside the country. It’s best to exchange any leftover ISK before travelling elsewhere.

We’ll buy back any foreign currency purchased with our Buy Back scheme so you’re not out of pocket after your big adventures.

At Hays Travel you have several quick and easy methods to buy your currency. You can click & collect, call into branch, or choose home delivery.

You can also buy the Hays Travel Money Prepaid Mastercard® Currency Card and load currency before your departure. ATMs are widely available in airports, hotels, and city centres.

Both cash and cards are commonly used in Iceland, but cards are accepted almost everywhere. Cash is useful for small purchases or rural areas. A combination of cash and a Hays Travel Money Prepaid Mastercard® Currency Card works best.

Carrying cash in Iceland is generally safe, but it’s still wise to stay cautious in busy tourist areas. Use a secure wallet or money belt to protect your Icelandic Krona (ISK). Consider carrying a Hays Travel Money Prepaid Mastercard® Currency Card for larger purchases and to reduce the amount of cash you carry.