Icelanders love to socialize, especially on weekends. They call their drinking and partying ritual rúntur. This means round tour. In the evening, couples and friends dress up and rotate among the taverns in Reykjavík. The hotspots for nightlife are easy to find … just follow the loud music. The fun typically continues until the wee hours of the morning. On warm summer days, things get going early at bars with outdoor seating. Iceland’s legal drinking age is 20 years old.