How much is 70k Satoshi in USD?

Could you possibly clarify for me the conversion rate of 70,000 Satoshi to US dollars? I'm a bit unfamiliar with the current exchange rates in the cryptocurrency market and I'm trying to get a grasp on the value. Could you please provide me with an estimate or a range of possible values? It would be greatly appreciated if you could also explain how the conversion is calculated, as I'm interested in understanding the process behind it. Thank you in advance for your assistance.