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The strict connection between Lie point‐symmetries of a dynamical system and its constants of motion is discussed and emphasized through old and new results. It is shown in particular how the knowledge of the symmetry of a dynamical system can allow us to obtain conserved quantities that are invariant under the symmetry. In the case of Hamiltonian dynamical systems, it is shown that if the system admits a symmetry of a ‘weaker’ type (specifically, a  λ  or a Λ‐symmetry), then the generating function of the symmetry is not a conserved quantity, but the deviation from the exact conservation is ‘controlled’ in a well‐defined way. Several examples illustrate the various aspects. Copyright © 2012 John Wiley & Sons, Ltd.

On the connections between symmetries and conservation rules of dynamical systems