diff --git a/CHANGELOG.md b/CHANGELOG.md
index 95849fe0..3e0074e5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -10,6 +10,7 @@
 - [#686](https://github.com/estruyf/vscode-front-matter/issues/686): Allow script authors to ask questions during script execution
 - [#688](https://github.com/estruyf/vscode-front-matter/issues/688): Allow to show the scheduled articles in the content dashboard (filter and group)
 - [#690](https://github.com/estruyf/vscode-front-matter/issues/690): Added the ability to filter values in the `contentRelationship` field
+- [#700](https://github.com/estruyf/vscode-front-matter/issues/700): Added the `{{pathToken.relPath}}` placeholder for the `previewPath` property
 
 ### ⚡️ Optimizations
 
diff --git a/src/helpers/processPathPlaceholders.ts b/src/helpers/processPathPlaceholders.ts
index 32e9a980..2c5afffb 100644
--- a/src/helpers/processPathPlaceholders.ts
+++ b/src/helpers/processPathPlaceholders.ts
@@ -1,3 +1,4 @@
+import { dirname, relative } from 'path';
 import { ContentFolder } from '../models';
 
 export const processPathPlaceholders = (
@@ -7,6 +8,13 @@ export const processPathPlaceholders = (
   contentFolder: ContentFolder | null | undefined
 ) => {
   if (value && value.includes('{{pathToken.')) {
+    const relPathToken = '{{pathToken.relPath}}';
+    if (value.includes(relPathToken) && contentFolder?.path) {
+      const dirName = dirname(filePath);
+      let relPath = relative(contentFolder.path, dirName);
+      value = value.replace(relPathToken, relPath);
+    }
+
     const regex = /{{pathToken.(\d+|relPath)}}/g;
     const matches = value.match(regex);
     if (matches) {