The behavior of exchange rate in various exchange markets is not seemingly predictable, while there are different forecasting methods to do so. One of these methods is to use fractals to identify exchange rate behavior. This paper has made attempts to explore the properties of fractals in Iranâs exchange market in order to it can predict and analyze the trend of exchange rate. Accordingly, three factors of fractals have been introduced and measured. Then these factors have been examined for the Iranian currency (Rial) against the US dollar so that there are the fractal properties in the behavior of the exchange rate in Iran. JEL classification: C19, F31, G15
Jalaee, A., & Abolhosseini, A. (2023). An Analysis of Fractal Properties in the Iranian Exchange Rate Behavior. International Economics Studies, 35(2), 39-48. doi: 10.22108/ies.2023.15516
MLA
Abdolmajid Jalaee; Ali Abolhosseini. "An Analysis of Fractal Properties in the Iranian Exchange Rate Behavior". International Economics Studies, 35, 2, 2023, 39-48. doi: 10.22108/ies.2023.15516
HARVARD
Jalaee, A., Abolhosseini, A. (2023). 'An Analysis of Fractal Properties in the Iranian Exchange Rate Behavior', International Economics Studies, 35(2), pp. 39-48. doi: 10.22108/ies.2023.15516
VANCOUVER
Jalaee, A., Abolhosseini, A. An Analysis of Fractal Properties in the Iranian Exchange Rate Behavior. International Economics Studies, 2023; 35(2): 39-48. doi: 10.22108/ies.2023.15516