Fáskrúðsfjörður's French Days are celebrated on the third weekend of July and lasts for three days and is unique throughout Iceland for commemorating this fjord's links to the French fishermen, who came here in previous centuries. Representatives from the village's French sister community, Gravelines, also participate in the general fun and games.

The festival's focus is on French entertainment mixed in with the Icelandic and an example of that is the French boules games pétanque which has become an indispensable event of this festival weekend.

Although the festival officially starts Friday night with a bon fire and a sing-a-long, the Thursday night walk called "kenderísgangan" has become a tradition for the locals.

Those fishermen who lost their lives at sea, both French and Icelandic, are commemorated in a simple ceremony by the French cemetery in Fáskrúðsfjörður, where two wreaths are laid down by the cemetery's memorial.