Commerce Day, also known as Verslunarmannahelgi is celebrated on the first Monday in August in Iceland to honor the contribution of tradespeople and workers to the country’s economy. The holiday has a strong cultural significance, as it recognizes the importance of commerce in Icelandic society. It is a day to celebrate the hard work and dedication of those who contribute to the country’s economic growth. The holiday is an opportunity for Icelanders to come together and appreciate the value of commerce in their daily lives. It is a reminder of the importance of supporting local businesses and the role they play in the community.