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Money exchange and money transfer

Money exchange

In Iceland the currency is Icelandic Krona (ISK). Although Euros and Dollars may be accepted (with commission) in the tourism oriented services in town, owning the local currency is always helpful. For the size of the town and the volume of tourism, money exchange can only be done in one of our banks downtown: 

Arion Banki

Note that their opening hours are 9-16 on work days. Money exchange is NOT possible on weekends. 


Money transfer

For money transfer, here are the existing services:

MoneyGram: available at convenience store Extra 24, in Kaupangur. Open daily from 9.00 to 16.00.

Western Union: available at the Post Office, Strandgata 38. Open 10-17 work days.