Factors affecting the fluctuations of the coin market and their ranking in Iran during the years 94 to 97

Subject Areas : Financial engineering

MohammadDaniyal Jahed ¹ , zadollah fathi ^{2 *}

1 - PhD Student, Department of Financial Management, Central Tehran Branch, Islamic Azad University, Tehran, Iran.
2 - Assistant Professor, Department of Management, Central Tehran Branch, Islamic Azad University, Tehran, Iran.

Received: 2021-01-10 Accepted : 2021-05-01 Published : 2021-09-23

Keywords: Oil Prices, Economic Sanctions, Gold prices,

Abstract :

Today, markets, especially the coin market, are one of the most important sectors of the economy. What we are seeing today is that a conventional economy cannot respond to immediate market decisions, we have to accept that our economy is traditional; We can not manage the market based on traditional theories, the attitudes of people and the environment and cultural influences affect the market, markets are always a reflection of our performance, they show the impact of our performance. The main purpose of this study is to investigate the factors affecting coin market fluctuations and their ranking in Iran during the years 94 to 97.The present research is correlational in terms of applied purpose and descriptive research method. The statistical population studied in this study is the Iranian coin market (gold price) during the years 1394 to 1397. The results show that changes in gold prices have a positive and significant effect on exchange rate changes at the level of 5%.