Average Daily Cost For Visiting Reykjavik. The guide below is a ballpark estimate of how much you can expect to spend during an average day for the budget-conscious traveler. Note: The currency in Iceland is the Icelandic Krona, but we’ve given all prices in USD.The current exchange rate is about $1=138 krona. Sightseeing Tours: There are a ton of tours available that will take you to all the amazing sights in Iceland. 2  Full day-trips can range from $70-$375, depending on the activity. 3  You will also find a lot of tours that will combine a couple activities.