Sort:  

No, STEEM is a tradable currency so there is fluctuations in the price. At this moment it's around $2.21/l for 1 STEEM.
Therefore 500 STEEM worth around $1,100 today. (can be little less or more, depending on which exchange you choose)

Coin Marketplace

STEEM 0.14
TRX 0.27
JST 0.034
BTC 105536.98
ETH 2599.94
USDT 1.00
SBD 0.87