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Record Low for Iceland Krona

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Iceland now cheap for holidays

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A record low for Iceland’s Krona means there has never been a better time to visit Reykjavik

A year ago a pint of beer cost around £6.50 in Iceland’s capital - it now costs £4.00. A three-course meal would have set holidaymakers back around £57.00, now just £35.00.*

With a saving of almost 40 per cent compared with 2007 this is a good time to visit Reykjavik especially as travellers are also entitled to a refund of the 15% VAT on their shopping.

Iceland Express has launched a discounted shopping-package. For £195, holidaymakers will receive 10-20 per cent discount vouchers to Reykjavik’s best boutiques and shops including Cintamani, Kraum, IDA bookstore, discounts at selected restaurants, reduced rates on Blue Lagoon skincare products, a three-star hotel room for two nights and a return flight with the national low-cost carrier.

This offer is available from 10 October 2008 until 15 December 2008.

“The fall in the Krona means it’s the perfect time for Brits to travel to Iceland especially as holidaymakers are currently tightening their purse strings and looking for serious value for money. Reykjavik is the perfect place for an affordable city break," said Matthias Imsland, Iceland Express CEO.

“Although it is still early days, we have been experiencing more interest from the UK and Denmark since the Krona started to fall says Matthias Imsland. “We have also been approached by tour operators for an increase in allocation of seats."

Reykjavik is a major magnet, attracting visitors looking for a chic city break. The winter months are the perfect time of year to experience the magical Northern Lights, which can be seen from early November to late March and the Imagine Peace Tower, which Yoko Ono will light on 9 October 2008 in memory of John Lennon. This will remain lit until 8 December 2008.

*This is based on an exchange rate of 122 ISK to £1 in October 2007 and 200 ISK to £1 in October 2008.

www.icelandexpress.com

12 October 2008

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