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Sēo Īslendisce stæfrǣw hæfþ þā folgendan bōcstafas:

A Á B D Ð E É F G H I Í J K L M N O Ó P R S T U Ú V X Y Ý Þ Æ Ö

Sēo andwearde Īslendisce stæfrǣw geþēah of þǣm regole þe wæs gestaðelod in þǣre 18an ielde, fram þǣm Deniscan sprǣccræftmenn Rasmus Rask hēafodlīce. Æt ende hæfþ mǣst hire staðelunge of wrītungregole þe in þǣre 12an ielde gescapen wæs fram dīegolfulum gewrite þe man nemde Þæt Ǣreste Grammatisce Lārspell, fram uncūðum bōcere. Se regol wæs geþōht for þǣm þe his bōcere befēng tō bēonne gemǣnu sprǣc Scedelandes, elles Noren. Næfde fela costung, hūru, æt þǣre tīde.

Þā āmearciendostan gecynda þǣre stæfrǣwe wǣron gestaðelod in þǣm ealdum lārspelle:

 Bryce þæs scearpan accentes (frumlīce tō getācnienne selfswēgendlengþe).
 Bryce þæs þ, ēac gebrocen in þǣre Engliscan stæfrǣwe swā se bōcstæf þorn, sprǣc þe se grammaticcræftmann āscrāf swā "mā oþþe lǣs sēo ilce" swā Noren.

Se uferra Rasmus Raskes regol wæs wesendlīce edlagung þæs ealdan lārspelles, mid fēawum hweorfungum tō geanlīcienne midbelimpende Germanisce þēawas, swā se synderlica bryce þæs k þonne c. Syndriga ealda getācnunga, swā ð, hæfdon sōþlīce nā fela bryces in uferrum ieldum, swā Raskes regol macode micele hweorfunge in behogodnesse.

Uferran hweorfunga in þǣre 20an ielde sind brēmost sēo gewȳscednes þæs é, þe wæs ǣr gewriten swā je (bīecneþ þā tōdæges geclipunge), and sēo dilegung þæs z in 1974, þe wæs lange geclǣnu wordwyrtlicu smalnes.

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