Gudmundur, More Traditionally Spelled Guðmundur, Is A Masculine Name Of Icelandic Origin. It Means "god" And "protector," And Is Known In Iceland More Commonly As Guðmundur The Good. He Was Sainted By The Icelandic People, But He Is Not Formally Recognized By The Catholic Church. Guðmundur The Good Blessed And Protected Water, Ponds, Well, And Lands Throughout Iceland. If Youre Hoping To Give Baby A Role Model With Their Name, You Can Hardly Find A Better Option Than Gudmundur.