A fractional Fourier transform (FrFT) based estimation method is introduced in this paper to analyze the long range dependence (LRD) in time series. The degree of LRD can be characterized by the Hurst parameter. The FrFTbased estimation of Hurst parameter proposed in this paper can be implemented efficiently allowing very large data set. We used fractional Gaussian noises (FGN) which typically possesses long-range dependence with known Hurst parameters to test the accuracy of the proposed Hurst parameter estimator. For justifying the advantage of the proposed estimator, some other existing Hurst parameter estimation methods, such as wavelet-based method and a global estimator based on dispersional analysis, are compared. The proposed estimator can process the very long experimental time