Ask Jewells Anything About Iceland – Response Episode 3

This is the third response episode for my new segment “Ask Jewells Anything About Iceland”. Thank you to everyone who sent in questions and if you would like to submit a question, you can do it here.
1. Should I exchange a small amount of currency before I leave? I have heard that Iceland is a cashless society, but I am thinking about tour guide tips or random purchases.- Christina
Iceland is not yet a cashless society, but we are certainly heading quickly in that direction. It isn’t necessary to take out cash in the local currency because debit and credit cards are the preferred method of payment. Also, tipping is not expected or encouraged because companies pay their employees livable wages for their work. You can, of course, take out cash to tip your guide or make random purchases if you prefer to pay that way but that’s up to you because it is not required.
2. Hi, I have another question! You wear such beautiful Icelandic sweaters on your Instagram. Where should I shop when I come in the spring? Somewhere that has really nice ones and doesn’t jack up the prices for tourists? - Alison
Kolaportið is flea market by the old harbor that is only open during weekends. There are some vendors there that are selling handmade Icelandic sweaters for a decent price.Another place is the Handknitting association of Iceland. They have two locations in Reykjavík and all of their sweaters are handknit in the country. One helpful tip is to make sure you get the appropriate form at the store to get the 24% VAT (Value added tax) back at the airport when you leave the country. Iceland has that tax included in the price but they refund it for tourists on certain items.
3. "Hi Jewells,
I have recently discovered your podcast, and have been binge listening to episodes to prepare for my upcoming trip in May! ( I am so excited!) I am learning so much, and I appreciate hearing about your experiences! Thank you!
You mentioned that eating in restaurants is quite pricey in Iceland for a variety of reasons, including allowing restaurant owners to be able to pay their employees a living wage. Is it still customary to leave a tip for waitstaff? If so , is the recommnded amount the same as the US? (20-25%)
Thank you for taking the time to read my question." - Vickie

The great news is that tipping is not part of the culture in Iceland, so you don’t have to factor in any % to your bill. This applies in every place, including cafes.
4. Hi Jewells! My family will be there in June. Is there a traditional event for summer solstice? - Ruth
Unlike other Nordic nations, Iceland does not have nationwide celebrations for the summer solstice. One place that has an annual event is in the far north. It is an island called Grímsey. They have a multiple day festival to celebrate the long and seemingly endless summer day. Here is where you can find the program for last year. I assume they will have the 2024 program soon. Please note that you need to take either a boat or plane to reach Grímsey. I have heard that many people get sea sick on the boat, so keep  that in mind if you choose that option.
5. "Thank you so much for your informative podcasts! My wife and I are planning to visit Iceland for the first time in October 2025. We believe that the best way to experience a new place is to immerse ourselves in it and to attempt to learn the language. What was your experience in learning the Icelandic language, and what do you recommend is a good way/resource to learn the language?" - Gerald
My recommendation for learning Icelandic is to get as much input of the language as you can in a way that you can relate to. Meaning, it helps to see shows or read text at your level or slightly above that you can understand enough to start internalizing it. Input that is repetitive can help you to become more familiar wth certain sounds and phrases. As a visitor, my episode on Useful Icelandic Phrases for Visitors is a good place to start...