ΔE 22.8, loose: different enough that you should pick on purpose. Blue Violet is a little lighter, much more muted than Cobalt Blue.
Not as a straight swap; see the closer alternatives below. Loose match (ΔE 23). Blue Violet is a little lighter, much more muted than Cobalt Blue.
The same difference applies the other way round: Cobalt Blue is a little darker, much more saturated.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Cobalt Blue on the colour wheel See Blue Violet on the colour wheel
All matches: Cobalt Blue equivalents · Blue Violet equivalents