Money at Keflavík International (KEF)
Currency, tipping and cash-vs-card for arrivals at Reykjavík, Iceland.
Arriving at Keflavík International (KEF): expected airport→city taxi fare is roughly ISK 3,999. Carry small local notes and use bank ATMs inside the terminal rather than airport exchange kiosks.
Airport currency kiosks quote rates 5–15% worse than any bank ATM inside the terminal. If you need cash on landing, use an in-terminal bank ATM — not the "0% commission" kiosks (the margin is in the rate).
Frequently asked
Q.What currency is used at Keflavík International (KEF)?
Iceland's local currency is what you'll need at KEF. Use a bank ATM inside the terminal rather than the exchange kiosks — the rate is materially better.
Q.How much should a taxi from KEF to the city cost?
Expected fare on the KEF → BSÍ Reykjavík route is roughly ISK 3,999. Around ISK 12,000+ is already high, and ISK 20,000+ tourist taxi is a scam quote — confirm the meter or a printed rate before you get in.
Q.Do I tip taxi drivers at KEF?
Tipping norms vary. In most countries outside North America, taxi drivers are not tipped — rounding up is enough. Pay the metered fare first, then decide.
Q.Cash or card for a taxi at KEF?
Carry small local notes as backup. "Card machine broken" is the most common excuse to force a cash overpay at airport taxi ranks.
Q.Should I change money at KEF?
Only if you need $10–20 of local currency to cover a taxi or a SIM card. Airport exchange kiosks quote 5–15% worse than a bank ATM in the same terminal. If your card has no FX fee, just pay by card and skip cash entirely.
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