Reykjavik, the capital of Iceland, is about 160 miles (257 kilometers) to the southwest of Olafsfjordur, while Myvatn is 55 miles (89 kilometers) to the southeast.
This region is popular with travellers from all over the globe. To find out why rent a vehicle and discover the places around Olafsfjordur. Holar and Draflastadir are two other places worth seeing while you're in Iceland.
While you are in Olafsfjordur, why don't you make a day trip to Akureyri. Approximately 30 miles (48 kilometers) to the southeast, this regional transport and shopping hub is where you'll find Jon Sveinsson Museum, University of Akureyri and Akureyri Botanical Garden. Ensure you don't return to Olafsfjordur until you've checked out Akureyri's Sulur, Hlidarfjall and Akureyri Church.
Head outdoors and get amongst the adventures in Iceland. Have a go at caving or give hiking a spin.
Very often, a region's true spirit can be found in simmering pots and pans. Lamb and also root vegetables such as rutabagas and carrots are popular here. Check out a couple of the popular local dishes, such as saltfiskur (dried and salted fish) and harofiskur (jerky type fish). And when you are ready for the final course, you can also try mondlukaka (almond cake).
As the curtain falls on your vacation in this city, there's a good chance you'll catch yourself making plans to return to this stunning holiday spot.