|Covid-19|Emperor Anastasius I abolishes the tax throughout the Byzantine Empire, known as the chrysargyron. He reforms the monetary system, using Greek numerals instead of Roman.
Kavadh I returns from exile with support of 30,000 troops from the Hephthalites (White Huns), and again becomes king of Persia. He punishes his opponents and probably his brother Djamasp, who usurped the throne.
Prince Buretsu, age 9, succeeds his father Ninken and becomes the 25th emperor of Japan.
November 19 – Pope Anastasius II dies after a 2-year reign in which he has tried to conciliate followers of Acacius, late patriarch of Constantinople, who was excommunicated by Felix III.
November 22 – Anastasius is succeeded by Symmachus as the 51st pope, in the official papal selection in the Lateran Palace (Rome). Meanwhile, Antipope Laurentius is elected "pope" in the Basilica di Santa Maria Maggiore, causing a schism.
Flavian II succeeds Palladius as patriarch of Antioch.
Jie Min Di, emperor of Northern Wei (d. 532)
Kevin of Glendalough, Irish abbot and saint (d. 618)
November 19 – Pope Anastasius II
Ninken, emperor of Japan
Qi Mingdi, emperor of Southern Qi (b. 452)
Year 498 (CDXCVIII) was a common year starting on Thursday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Paulinus and Scytha (or, less frequently, year 1251 Ab urbe condita). The denomination 498 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years.