The first issue, only eight pages long, was published on 2 November 1913.

[4] On 25 February 1964, the paper first printed a caricature by Sigmúnd Jóhannsson which featured the first landings on Surtsey.

[6] In a controversial decision, the owners of the paper decided in September 2009 to appoint Davíð Oddsson, a member of the Independence Party, Iceland's longest-serving Prime Minister and former Governor of the Central Bank, as one of the two editors of the paper.

He became known for controversial drawings on topics such as immigration, refugees and COVID-19.

On 7 January 2022, it was reported that Helgi had resigned from Morgunblaðið, following editorial requests that he tone down his latest submissions.