Thanks for the info ! I will check again the voltages .Yes that is right. A dynamo is a DC power source for your electrics and charges the battery is have one.
The dynamo should not give out 1-5v as that's to low.
As previous message has said that the dynamo most likely dying or damaged and most likely needs replacing. How old is the bike? Is if its quite old it will be a 6v system and if that is true that dyno needs to at least supply 6v-7v to charge a battery ideally.