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Currency

The official currency used in Iceland is the króna (plural, krónur). The word króna means ‘crown' – several other Nordic currencies use the equivalent of crown. After the Scandinavian Monetary Union dispersed, and after gaining independence from Denmark in 1918, the Icelandic króna was separated from the Scandinavian krona.

The króna is made up of 100 aurar (singular, eyrir), although coins of less than one króna (and notes of 100 kronur or less) have not been in circulation for years. Coins of less value than one króna were recalled in September 2002.

Before its withdrawal in 2002, the five aurar coin was the least-valued coin in circulation in the entire world (worth around 0.06 euro cent).

Interesting facts

Iceland enjoys 24-hour daylight throughout the summer months – but only two hours a day in the winter.

Iceland is not a country covered in ice as its name might suggest. In fact, you may be surprised to hear that even in January the temperature in Reykjavik rarely falls below that in New York. Although the heart of Iceland does experience sub-zero temperatures, coastal areas enjoy a better climate due to the warm waters of the Gulf Stream.

The greatest valley in Iceland offers tourists a spectacular show where regular jets of water blast 260ft into the air. This amazing spectacle is known as Geysir (one of Iceland's most famous geysers).

Tourists seeking adventure won't be disappointed by Iceland. It offers everything from snowmobiling across beautiful glaciers to white water rafting down fast-moving glacial waters.

Another must-see is the Blue Lagoon, Iceland's greatest attraction situated between Reykjavik and the Airport. Its astonishing milky-blue waters are a dramatic sight against the black lava peaks that skirt its perimeter. A popular tourist past-time is plunging into its warm, almost hot waters, even in the dead of winter during a snow blizzard and soaking up the revitalising, mineral rich, silica mud which is said to cure many skin conditions and is great for exfoliation.

Geography

Situated in the North Atlantic, south of the Arctic Circle, Iceland rests over the Mid-Atlantic Ridge. This is a fault line which causes regular volcanic activity in Iceland.

Climate

Generally temperate, the North Atlantic Current brings mild winters and cool summers, as well as wind.