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Money & duty free for Iceland

Currency information: 

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

Credit cards: 

American Express, Diners Club, MasterCard and Visa are widely accepted. ATMs are available throughout the country.

ATM: 

ATMs are available throughout the country.

Travellers cheques: 

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

Banking hours: 

Mon-Fri 0915-1600.

Currency restriction: 

There are no restrictions on the import or export of local or foreign currency.

Currency exchange: 

Foreign currencies can be exchanged in all major banks. Most hotels also provide their guests with exchange services.

Iceland duty free

The following goods may be imported into Iceland by persons over 18 years of age (tobacco products) or 20 years of age (alcoholic beverages) without incurring customs duty:

• 200 cigarettes or 250g of tobacco products.
• 1L of spirits and 1L of wine or 1L of spirits and 6L of beer or 1L of wine and 6L of beer or 2.25L of wine.

Note: Travellers may bring in up to 3kg (6.6lb) of food not exceeding kr13,000 and goods free of duty up to the value of kr46,000; the value of each single goods item must not exceed kr23,000.

Restrictions: All fishing and riding equipment must be disinfected and a certificate of disinfection issued by an official veterinary authority presented on arrival. Visitors may bring conventional medicines suitable for personal needs during their stay but may not exceed 100 days consumption. Customs officers can request a doctor's certificate if appropriate. There are also restrictions on larger amounts of flowers and plants, and certain types of telephonic and communications equipments, which are subject to a permit from the Post and Telecom Administration (www.pta.is). A permit, however, is not required if a traveller imports one GSM mobile phone.

Banned imports: 

Uncooked meats, milk and eggs, narcotics and weapons.

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