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How cheap is iceland at the moment?

Question about Iceland

Photo of Frank

How cheap is iceland at the moment?

There is alot of talk about Iceland really cheap at the moment. However it was very expensive to begin with. Just how cheap is it at the moment compared to (say) the UK. How much should I budget a day for cheap hotels etc...

 
Question posted 22nd March 2009 by Frank.

2 replies...

Photo of Jonty

Unfortunately the Icelandic Krona has strengthened by about 50% against the pound since last November, so it is in no way cheap. Some hotels have slashed their rates to get business, but that means it takes it back to pretty much where it was.

 
Reply posted 24th March 2009 by Jonty.
Photo of Frank

Fortunately for the Icelanders I suppose! Damn, I guess I missed my chance! Thanks...

 
Reply posted 26th March 2009 by Frank.
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