The1968 Icelandic Cup was the ninth edition of the National Football Cup.
It took place between 21 July 1968 and 5 October 1968, with the final played atMelavöllur inReykjavík. The cup was important, as winners qualified for theUEFA Cup Winners' Cup (if a club won both the league and the cup, the defeated finalists would take their place in the Cup Winners' Cup). Teams from theÚrvalsdeild karla (1st division) did not enter until the quarter finals. In prior rounds, teams from the2. Deild (2nd division), as well as reserve teams, played in one-legged matches. In case of a draw, lots were drawn. From the semi-finals, after a replay, lots were drawn.
ÍBV Vestmannaeyjar, newly promoted to the1. Deild won the Icelandic Cup for the first time in their history, and therefore progressed into Europe. Another first came when a reserve team reached the final -KR Reykjavík, who beat their own first team in the quarter final.
