How much is 500 drachmas worth English sterling?

The value of 500 drachmas in English sterling depends on the historical exchange rate, as drachmas are no longer in circulation since Greece adopted the euro in 2002. Before the euro was introduced, 1 British pound was approximately equal to 400-500 drachmas. Using this rough estimate, 500 drachmas would have been worth about £1 to £1.25. For an accurate conversion, one would need to refer to the specific historical exchange rates from that time.