Fjaðrárgljúfur canyon is located off the ring road just west from Kirkjubæjarklaustu on road number 206. It is a protected natural monument which had been recently reopened to the tourists. The place has been formed by thousands of years of erosion, caused by the melting glaciers. Aside from the fact that it's often referred to as the most beautiful canyon in the world, Fjaðrárgljúfur is a great place for hiking and beautiful photos!
Later in the day i headed to Fjadargljufur - the only canyon in Iceland. It can be easily reached with a car and the hike up the to the top is scenic and all the more pleasurable under the afternoon sun.