In the outer part of the fjord there are no lowlands along the coast as the steep hills roll directly into the sea.
Further south in the fjord there are strips of lowland along both coasts; these are wider on the west side.
However the largest valley in the area is Eyjafjarðardalur, which runs directly south from the fjord itself.
[3] In 1997 divers Erlendur Bogason and Árni Halldósson[4] and German research submersible HOV JAGO separately explored them and identified them as a real geologic feature.
Most of these settlements base their livelihood on fisheries and agriculture, but Akureyri is also a service center and the site of a growing university.