How much is a 500 MXP Steam Gift Card In Today’s Nigerian Exchange Rate?

Understanding SteamGift Cards

A Steam Gift Card is a digital voucher used to purchase games, software, and services on the Steam platform. Available in various denominations, it can be redeemed by the recipient to add funds to their Steam wallet. These cards can be purchased at retail stores or online and do not require an internet connection to be used. Recipients can then browse the Steam store, select products, and pay for them using the funds from the gift card, which are not refundable. The cards are often gifted to friends or family to celebrate events or as rewards.

How Much Naira Will a MXN 500 Steam Gift Card Give Me Today?

The exchange rate for 1MXP in Steam gift cards currently ranges between 45 and 50 Naira, according to Cardsvendor’s exchange rate calculator. As such, a 500MXP Steam gift card is valued at around 22,500 to 25,000 Naira. Rates can fluctuate frequently, so it’s a good idea to check Cardsvendor for the latest information before buying or selling gift cards.

Check the Gift card calculator

How To Check Steam Gift Card Balance

1. Visit the Steam website and log in to your account.

2. Click on your username in the top-right corner and select 'Settings.'

3. Go to the 'Payment & Subscriptions' section.

4. Look for 'Steam Wallet Balance' under the 'Payment Methods' tab.

5. You'll see your current balance displayed.

What can I do with my Steam gift card?

1. Redeem on Steam:- Go to your Steam account and click on the 'Redeem a Steam Gift Card or Wallet Code' link.

- Enter the 20-digit code from your Gift Card.

- Click 'Redeem'.

2. Purchase Games:- After redemption, funds will be added to your Steam Wallet.

- Navigate to the Steam Store and browse for games or other items.

- Add items to your cart and proceed to checkout.

- Choose 'Steam Wallet' as your payment method to use your credit.

3. Gift to Friends:- Select 'Gift Games & Software' in the Steam Store.

- Choose a friend and select the game or item you want to gift.

- Enter their Steam ID and confirm the gift.

4. Use for Subscriptions:- For subscriptions like Steam Music or Steam TV, go to your account page and select 'Subscriptions'.

- Choose the service you want to manage and use your credit to renew or purchase.

Remember, Steam Gift Cards cannot be used to purchase gift cards or Steam Wallet funds directly.

How Is Steam Gift Card Rate Determined?

Supply and Demand: Local demand for Steam games influences the supply of gift cards, affecting their price.

Exchange Rate Fluctuations: The Nigerian Naira's value against the US Dollar impacts the cost of gift cards.

Geopolitical Events: Economic and political stability in Nigeria can impact the Naira's value and, consequently, the exchange rate.

Market Competition: Local and international market competition can drive down prices.

Transaction Costs: Service fees and bank charges can add to the cost of gift cards.

References for Calculate MXN 500 Steam Gift Card value in Naira (Updated 2025)