A little history
Discovery

According to Landnámabók, Iceland was discovered by Naddoddr, one of the first settlers on the Faroe Islands, who was sailing from Norway to the Faroe Islands, but got lost and drifted to the east coast of Iceland. Naddoddr named the country Snæland (Snowland). Swedish sailor Garðar Svavarsson also accidentally drifted to the coast of Iceland. He discovered that the country was an island and named it Garðarshólmi (literally Garðar's Islet) and stayed for the winter at Húsavík. The first Scandinavian who deliberately sailed to Garðarshólmi was Flóki Vilgerðarson, also known as Hrafna-Flóki (Raven-Flóki). Flóki settled for one winter at Barðaströnd. It was a cold winter, and when he spotted some drift ice in the fjords he gave the island its current name, Ísland (Iceland).
First settler
The first permanent settler in Iceland is usually considered to have been a Norwegian chieftain named Ingólfur Arnarson. According to the story, he threw two carved pillars overboard as he neared land, vowing to settle wherever they landed. He then sailed along the coast until the pillars were found in the southwestern peninsula, now known as Reykjanesskagi. There he settled with his family around 874, in a place he named Reykjavík (Bay of Smokes) due to the geothermal steam rising from the earth. This very place would eventually become the capital and the largest city of modern Iceland. It is recognized, however, that Ingólfur Arnarson may not have been the first one to settle permanently in Iceland — that may have been Náttfari, one of Garðar Svavarsson's men who stayed behind when Garðar returned to Scandinavia.
(read more on: en.wikipedia.org/wiki/History_of_Iceland
Facts about Iceland
The country
Iceland is an island of 103.000 km2 (39,756 sq.miles), with an average height of 500 m above sea level. Its highest peak, Hvannadalshnjúkur, rises to 2.119 m and over 11 per cent of the country is covered by glaciers, including Vatnajökull, the largest in Europe.
People
Out of a population numbering more than 280.000, half live in the capital Reykjavík and its neighbouring towns in the southwest. The highland interior is uninhabited (and uninhabitable), and most centres of population are situated on the coast.
Climate
Thanks to the Gulf Stream, Iceland enjoys a cool temperate ocean climate: cool in summer and fairly mild in winter. However, the weather is very changeable and tourists should be prepared for the unexpected.
Weather/clothing
For weather information in English, Tel.: 902-0600, extension 44, E-mail: office@vedur.is, www.vedur.is. When travelling in Iceland you should bring along lightweight woollens, a sweater or cardigan, a rainproof (weatherproof) coat and sturdy walking shoes. Travellers who are camping or heading into the interior will need warm underwear and socks, rubber boots and a warm sleeping bag.
Time
Iceland is on Greenwich Mean Time (GMT) throughout the year, and does not go on daylight saving time.
Currenct Exchange
The Icelandic monetary unitis the "króna". Coins are in denominations of 100 kr., 50 kr., 10 kr., 5 kr. and 1 kr. Bank notes are in denominations of 5.000 kr., 2.000 kr., 1.000 kr. and 500 kr. All Icelandic banks provide foreign exchange and are generally open on weekdays from 09:15 to 16:00. Central Bank of Iceland - Exchange rate.
Travellers' cheques, debit & credit cards
Are widely accepted in Iceland. The major cards in Iceland are EUROPAY/MASTERCARD and VISA. Cash can be obtained at every bank branch (over 170) as well as in all ATMs throughout the country.
Business/shopping/banking hours
Office hours are generally 09:00-17:00 and 08:00-16:00 during June, July and August. Shopping hours are Mon-Fri 09:00-18:00, Sat from 10:00 to 13:00/14:00/15:00 or 16:00. Some supermarkets are open to 23:00 seven days a week. Banking hours are Mon-Fri 09:15-16:00.
Health insurance
Citizens of Scandinavia have to show passport in case of medical emergency. Citizens of EEA countries must have the E-111 form, otherwise the patient will be charged in full. Citizens of other countries must be charged in full. For further information contact:
State Social Security Institute
Laugavegur114 · IS-105 Reykjavík
Tel.: +354-560-4400 · +354-560-4520
Fax: +354-562-5053
Office hours 08:05-15:30
Language
Icelandic is a Teutonic language ofthe Nordic group. It is believed to have changed little from the original tongue spoken by the Norse settlers. English is widely spoken and understood. Icelandic has two letters of its own: Þ/þ pronounced like th in "thing" and Ð/ð pronounced like th in"them".
News in english
A short news broadcast in English is made on State Radio, FM 93.5 and FM 92.4, every morning Mon-Fri at 07:31, from June 1st to Sept. 1st. A telephone recording of the broadcast can also be heard, Tel.: +354-515-3690.
Tipping and vat
Service and VAT are invariably included in prices in Iceland.
Electic current
The electric current in Iceland is 220volts, 50 HZ AC.