The waterfall Skógafoss, is situated in the south of Iceland at the cliffs of the former coastline.

The Skógafoss is one of the biggest and most beautiful waterfalls of the country with a width of 25 meters and a drop of 60 meters. Due to the amount of spray the waterfall consistently produces, a single or double rainbow is normally visible on sunny days. According to legend, the first Viking settler in the area, Þrasi Þórólfsson, buried a treasure in a cave behind the waterfall. A local boy found the chest years later, but was only able to grasp the ring on the side of the chest before it disappeared again.