Events in the year 1874 in Iceland.
Incumbents
- Monarch: Christian IX
- Minister for Iceland: Christian Sophus Klein
Events
- 5 January − The post of Minister for Iceland is established with Christian Sophus Klein being the first minister.
- The Danish krone was introduced to Iceland, replacing the earlier Danish currency, the rigsdaler.
- Denmark grants Iceland a constitution and limited home rule.
- Freedom of Religion is introduced in Iceland.
- Ísafold newspaper is founded.
- Reykjavik Women's Gymnasium is established.
- Þjóðhátíð is held for the first time.
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