diff --git a/README.md b/README.md
index 89962b37..5fc4f931 100644
--- a/README.md
+++ b/README.md
@@ -138,9 +138,10 @@ $ nx semantic-release app-c --repositoryUrl "https://github.com/TheUnderScorer/n
 
 | Token           | Expands into                                                                                  |
 | --------------- | --------------------------------------------------------------------------------------------- |
-| ${PROJECT_DIR}  | Resolves to the current project direcory (ex. `/Users/theunderscorer/nx-monorepo/apps/app-a`) |
+| ${RELATIVE_PROJECT_DIR}  | Resolves to the current project relative directory within the current workspace (ex. `apps/app-a`) |
+| ${PROJECT_DIR}  | Resolves to the current project directory (ex. `/Users/theunderscorer/nx-monorepo/apps/app-a`) |
 | ${PROJECT_NAME} | Resolves to the current project name (ex. `app-a`)                                            |
-| ${WORKSPACE_DIR}| Resolves to the current workspace direcory (ex. `/Users/theunderscorer/nx-monorepo`)          |
+| ${WORKSPACE_DIR}| Resolves to the current workspace directory (ex. `/Users/theunderscorer/nx-monorepo`)          |
 
 
 Every available option support tokens - this included nested objects and arrays.
diff --git a/packages/nx-semantic-release/src/config/apply-tokens.ts b/packages/nx-semantic-release/src/config/apply-tokens.ts
index b54d0e6f..a50dfe31 100644
--- a/packages/nx-semantic-release/src/config/apply-tokens.ts
+++ b/packages/nx-semantic-release/src/config/apply-tokens.ts
@@ -2,6 +2,7 @@ import { SemanticReleaseOptions } from '../executors/semantic-release/semantic-r
 import deepMap from 'deep-map';
 
 export interface ConfigTokensDict {
+  relativeProjectDir: string;
   projectDir: string;
   projectName: string;
   workspaceDir: string;
@@ -13,6 +14,7 @@ export function applyTokensToSemanticReleaseOptions(
 ) {
   const replaceTokens = (value: string): string => {
     return value
+      .replaceAll('${RELATIVE_PROJECT_DIR}', tokens.relativeProjectDir)
       .replaceAll('${PROJECT_DIR}', tokens.projectDir)
       .replaceAll('${PROJECT_NAME}', tokens.projectName)
       .replaceAll('${WORKSPACE_DIR}', tokens.workspaceDir);
diff --git a/packages/nx-semantic-release/src/executors/semantic-release/semantic-release.ts b/packages/nx-semantic-release/src/executors/semantic-release/semantic-release.ts
index bb45db13..bcda0cd9 100644
--- a/packages/nx-semantic-release/src/executors/semantic-release/semantic-release.ts
+++ b/packages/nx-semantic-release/src/executors/semantic-release/semantic-release.ts
@@ -1,3 +1,4 @@
+import path from "path";
 import {
   createProjectGraphAsync,
   ExecutorContext,
@@ -140,6 +141,7 @@ export function resolveOptions(
 
   return applyTokensToSemanticReleaseOptions(mergedOptions, {
     projectName: context.projectName as string,
+    relativeProjectDir: path.relative(context.cwd, getDefaultProjectRoot(context)),
     projectDir: getDefaultProjectRoot(context),
     workspaceDir: workspaceRoot,
   });
diff --git a/packages/nx-semantic-release/src/generators/setup-project/setup-project.ts b/packages/nx-semantic-release/src/generators/setup-project/setup-project.ts
index a8f6b72c..fe970c54 100644
--- a/packages/nx-semantic-release/src/generators/setup-project/setup-project.ts
+++ b/packages/nx-semantic-release/src/generators/setup-project/setup-project.ts
@@ -1,3 +1,4 @@
+import path from "path";
 import { SemanticReleaseOptions } from '../../executors/semantic-release/semantic-release';
 import {
   Tree,
@@ -27,6 +28,7 @@ export async function setupProject(
   const semanticReleaseConfig = applyTokensToSemanticReleaseOptions(options, {
     projectName,
     projectDir: projectConfig.root,
+    relativeProjectDir: path.relative(workspaceRoot, projectConfig.root),
     workspaceDir: workspaceRoot,
   });