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In December 2022, the dollar reached the highest volume traded since March of the same year, with a 31% increase in sales compared to November. Thus, it remains in first place in the monthly ranking of the best-selling foreign currencies, compiled by the foreign exchange specialist Travelex Confidence. The Canadian dollar is the one that stood out the most, with a rise of 56%, the biggest increase of the month, climbing to third place in the ranking.
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“After the euro and the pound sterling recorded declines in sales in November, of 16% and 24%, respectively, the stabilization of their quotations during the last two months of the year contributed to the increase in the volume operated”, explains Jorge Arbex. , director of the Travelex Confidence group.
Regarding the volume change in reais in November compared to December, the US dollar rose by 31%, as mentioned earlier; the euro rose by 2%; the pound rose by 34%; the Canadian dollar rose 56%; while the Australian dollar rose 18%.
Regarding the evolution of volume in 2022 compared to 2021, the US dollar increased by 258% and the euro by 138%; the pound sterling appreciated by 255%; the Canadian dollar rose 148%; and the Australian dollar posted 591% higher volume.
The survey also showed that international remittances have been on an upward trend since 2019. The United States remains the main corridor for international transfers in outbound remittances. Portugal, Canada, Spain and England make up the TOP 5 respectively, with a focus on Spain and England, which recorded increases of 117% and 225%, in that order, compared to the last month.
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