Akureyri is a town in northern Iceland, the country's fifth most populous municipality and the largest outside the Capital Region. The municipa…Akureyri is a town in northern Iceland, the country's fifth most populous municipality and the largest outside the Capital Region. The municipality includes the town's neighbourhood at the head of Eyjafjörður and two farther islands: Hrísey at the mouth of Eyjafjörður and Grímsey off the coast.