It is currently -9°C in the capital Reykjavik and temperatures will struggle to exceed -4°C at their very warmest today.

Iceland Monitor

Iceland in grips of cold snap

Frost and snow in parts of Iceland today. Photo: Rax

Anybody venturing outside in Iceland yesterday evening will have found that predictions of bitterly cold weather were not exaggerated.

Even the most extreme forecast minimum temperature was reached – it was exactly -20°C at the Icelandic Met Office weather station at Sandbúðir in inland South-East Iceland early this morning.
It is currently -9°C in the capital Reykjavik and temperatures will struggle to exceed -4°C at their very warmest today.

Read More Here

According to a University of Iceland geoscientist , Hekla volcano, one of Iceland's most active volcanoes, could be close to erupting,

Iceland's Hekla Volcano Close to Erupting, Scientist Claims

By Becky Oskin, Senior Writer   |   March 18, 2014 04:19pm ET

  

This Envisat image shows us a very rare, cloud-free view of Iceland. This image was acquired on July 21, 2010. Credit: ESA View full size image

Hekla volcano, one of Iceland's most active volcanoes, could be close to erupting, a University of Iceland geoscientist claims.
The most prominent sign of an impending eruption is bulging ground on the northern side of the volcano. This surface swelling indicates magma (molten rock) is rising under the volcano, pushing up the ground as it fills fractures and pipes beneath Hekla. According to GPS monitoring of the expanding surface, there is now more magma underneath Hekla than before the volcano's last eruption in 2000, University of Iceland geophysicist Páll Einarsson said in a report published in the Icelandic newspaper Morgunblaðið on Monday (March 17). Hekla volcano "could erupt soon," Einarsson said.

Read More Here