a = "ah" as in "farm"
á = "ow" is in "cow"
e = "eh" as in "wet"
é = "yeh" as in "yet"
i and y = "i" as in "hit"
í and ý = "ee" as in "tree"
o = as in "ought"
ó = "oh" as in "mow"
ö = "u" as in "fern"
u = "oo" as in "book"
ú = "oo" as in "moon"
æ = "aye" as in "high"
ei = "a" as in "weigh"
au = sort of like "uy"

ð (capital: Ð) = "th" with the voice box, as in "the"
þ (capital: Þ) = "th" with just air, as in "thin"
fv = "bl" and fn = "bn" (all other f sounds are normal)
hv = "kf" as in "thankful"
ll = "dl" as in "fiddle"
all r sounds are slightly rolled