Get ready for your trip to Iceland. Order your Icelandic Kronur at Manor FX today. Our great exchange rates mean you'll have more ISK cash to spend. Have your Icelandic Krona banknotes delivered securely to your home or office, or pick them up from the Manor FX bureau near Heathrow.
Manor FX offers fast delivery times and a fuss-free online ordering process for your Icelandic krona travel money.
Travel advise: payments in Iceland
Jet off well-informed to Iceland. Here are some handy facts about cash and card payments in Iceland.
Yes. Most vendors in Iceland will be able to accept British credit and debit cards. VISA and MasterCard are accepted throughout Iceland. American Express is accepted by most vendors but some may not accept Amex cards. Some smaller vendors may only accept cash.
Contactless payments are available in Iceland for payments of up to 50,000 kronur. For higher amounts a PIN code is required. Vendors may charge for card payments or may require a minimum amount.
Be aware of currency conversion fees for card payments in Iceland: Your bank's ISK to GBP exchange rate may not be so good. This is how banks make money. Before using your bank card for payments in Iceland, it's certainly a good idea to contact your bank. This will avoid your card becoming blocked due to international transactions that your bank may find suspicious.
It's certainly a good idea to bring Icelandic Kronur cash with you on your trip to Iceland. Cash remains a popular and convenient payment method in Iceland.
Cash is a useful fallback option: Having some ISK cash on you in Iceland means you'll have peace of mind, especially if you plan to travel to more remote areas in Iceland to visit the geysers or see the northern lights. In addition you'll need cash for purchases in thrift markets, Kolaportid Flea Market in Reykjavik, taxi rides and for small purchases.
Iceland is quite an expensive place to visit. Prices in Iceland are on average 53% higher than prices in the UK.
For a coffee in a cafe, expect to pay around 550 ISK. A three-course meal in a mid-range restaurant will set you back around 7,000 ISK per person.
Tipping is not a common practice in Iceland. Restaurants are by law required to pay their staff at least the minimum wage, meaning that all waiting staff has a decent income already.
Instead of a tip you can leave a donation for charity: Many Icelandic restaurants have a donation box that allows visitors to donate to charity instead of tipping.
Banknotes in Iceland
Iceland's banknotes in circulation have the following denominations: 500 ISK, 1000 ISK, 2000 ISK, 5000 ISK and 10,000 ISK. They are issued by the Icelandic Central Bank, which in Icelandic is called 'Sedlabanki Islands'.
Coins in Iceland
Icelandic coins range from 1 ISK to 100 ISK and feature animals living in Iceland. Did you get back from Iceland with some leftover coins? Our sister company Leftover Currency can help you to exchange Icelandic Krona coins back to cash.
Iceland's currency import and export regulations
The currency restrictions that were in place after the 2008 financial crisis have been lifted, and you now import and export currency without restrictions into and from Iceland.
Ordering Icelandic Kronur online
Order Icelandic Kronur online and have them delivered fast and securely to your home or office, with Royal Mail Special Delivery Guaranteed®. Or pick them up from our travel money shop near Heathrow. Click here to buy Icelandic Kronur online.
Selling back Icelandic Kronur
If you have Icelandic Kronur to sell, follow this link to exchange Icelandic Kronur to Pounds, click on 'sell currency' and select 'ISK Icelandic Krona'. We'll pay good rates for your leftover Icelandic Kronur.