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Iceland Shopping & Iceland Exchange Rate

 
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    Fluffy, earth-colored Lopi wool blankets and coats, jackets, hats and handknits are synonymous with Iceland. Several local potters handthrow earthenware containers in natural colors. Crushed lava is a common addition to highly glazed ceramic pieces, which are popular as souvenirs. The duty-free shop at Keflavík Airport sells all of these products. Laugavegur is Reykjavík’s main shopping street. The shops along Skolavordustigur are good for art lovers. Kringlan is Reykjavík’s world-class shopping mall. Bargain hunters should visit the indoor Kolaportid market in Reykjavík, held every weekend, where great buys on handmade Icelandic jumpers, food and toys can be found.

    Shopping hours
     Mon-Fri 0900-1800; Sat from 1000-1300/1400/1500 or 1600. Some supermarkets are open seven days a week until 2300.

    Currency Information:

    Currency
    Icelandic krona (ISK; symbol kr) = 100 aurar. Notes are in denominations of kr5,000, 2,000, 1,000, 500, 100, 50 and 10. Coins are in denominations of kr100, 50, 10, 5 and 1.

    Currency Exchange
    Foreign currencies can be exchanged in all major banks, some of which (such as the Landesbankí at Reykjavík airport) are open 24 hours. Most hotels also provide their guests with exchange services. Exchange services are also available from The Change Group, which has offices at Reykjavík airport, the tourist information center and in central Reykjavík.

    Credit/Debit Cards and ATMs
    American Express, Diners Club, Europay, MasterCard and Visa are widely accepted. ATMs are available throughout the country.

    Traveller's Cheques
    Widely used. To avoid additional exchange rate charges, travelers are advised to take traveller’s cheques in US Dollars.

    Banking Hours
    Mon-Fri 0915-1600.

    Exchange Rate Indicators
    DateApr 07
    £1.00=kr136.43
    $1.00=kr66.74
    €1.00=kr89.12



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