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You will find many beautiful waterfalls in North Iceland. The most powerful waterfall in Europe, waterfall connected to Christianity in Iceland, and waterfalls framed with basaltic columns.    

Kolugjúfur
 As you drive along Víðidalur, you will come to Kolugil Farm which stands beside the Víðidalsá river. Just below the farm, the waters flow peacefully downwards to plunge into the deep, rugged gorge called Kolugljúfur. Their journey then sends them cascading over many waterfalls which bear the name Kolufossar Falls in honour of the giantess, Kola. It is a breathtaking sight to walk on the the viewing platform and watch the calm waters of the river suddenly leap and tumble onwards over so many impressive falls – a sight which will leave no one unmoved.
Selfoss waterfall
The waterfall Selfoss is in the river Jökulsá á Fjöllum and is only a few hundred meters south of Dettifoss waterfall. It is 10 meters high but very wide. It is ideal to park in the car park by Dettifoss and take an easy walk to the two waterfalls. There are more beautiful natural phenomena in Jökulsárgljúfur canyon such as Hljóðaklettar and Hólmatungur.
Dettifoss Waterfall
The Dettifoss waterfall is the most powerful waterfall in Europe, 500 cubic meters of water per second plunge over the edge. Dettifoss is 45 m high and 100m wide. A nice hiking trail, 34km, goes along the canyon from Dettifoss to Asbyrgi. Camping is possible in Vesturdalur. Road 864 goes from road 85 past Dettifoss on the east side towards road 1. This is a gravel road and driving speed depends on road conditions each time. Road 864 is closed during wintertime due to snow or wet conditions (muddy road) and does not open until early summer (end of May). Road 862 is on the west side of the waterfall. This road is paved but is not in winter service from January until the beginning of April. Dettifoss Waterfall is part of the Diamond Circle. 
Reykjafoss
Reykjafoss waterfall is one of Skagafjörður's hidden treasures. It is the most beautiful waterfalls in Skagafjörður, located about 7 km from Varmahlíð at Vindheimamelar, along road 752. Directions to Reykjafoss: Reykjafoss is located about 7 kilometers south east of Varmahlíð. Off road nr. 1 turn to road nr. 752 and then turn to road nr. 753. Cross the bridge, then turn right and reach a small parking lot. Reykjafoss is about 5-minute walk from the parking lot.
Aldeyjarfoss
Aldeyjarfoss waterfall is considered the most beautiful one in the river Skjalfandafljot. The waterfall is framed with long, natural basaltic columns. It is located in the uppermost regions of the Bardardalur valley, on the Sprengisandur highland route. It is possible to drive almost all the way up to it.
Goðafoss waterfall
The Goðafoss waterfall is one of the most spectacular waterfalls in Iceland. The water of the river Skjálfandafljót falls from a height of 12 meters over a width of 30 meters. In the year 1000, the Lawspeaker Þorgeir Ljósvetningagoði made Christianity the official religion of Iceland. After his conversion, Þorgeir threw his statues of the Norse gods into the waterfall. Goðafoss is part of the Diamond Circle.  https://www.northiceland.is/diamondcircle.  
Mígandi waterfall
Waterfall Mígandi/Hjallafoss is a rarely visited beautiful waterfall in Vatnsdalur Valley. It takes only 5 minute to drive from Ring Road 1, so it's a perfect occasion to stop. Stretch your legs and take a short hike to experience the water fall from very high baaltic columns.