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Iceland Climate

Despite its name, Iceland has surprisingly mild winters for a country at that latitude owing to the warming effect of the Atlantic Gulf Stream, especially when put into comparison with the Russian one. Iceland enjoys a maritime temperate climate and the winters are often compared with those of New England (though the winds in winter can be bitter). However the rapidly changing weather has given rise to the local saying: 'If you don't like the weather, wait fifteen minutes!' It's the kind of place where it's not unusual to get rained on and sunburnt at the same time - some Icelandic people also believe that if the winter is hard and long then the summer will be good and warm. The summers are usually cooler and more temperate than elsewhere at the same latitude (the effect of the ocean again) and 20 to 25C is considered quite warm.

Source: Wikitravel.org