The Augustine monestary on Island Videy probably was established at the initiative of Thorvaldur Gissurarson and Snorri Sturluson in 1225. Bishop Magnus at Skalholt was Thorvaldur’s brother. It was consecrated by him and he donated his income from the area between river Botnsa and the Hafnarfjordur bay to the monestary. Thorvaldur managed the monestary until he died in 1235. During the period 1344-1352 it was occupied by the Benedictine order. It served until the reformation.
See Travel Guide Videy