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(Page 40, Asia Pacific & Latin America [APLA]). Notice the Total Revenues for APLA. There are two columns for revenue changes from FY2020 to FY2021.

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(Page 40, Asia Pacific & Latin America [APLA]). Notice the Total Revenues for APLA. There are two columns for revenue changes from FY2020 to FY2021. One column is "% Change" and the other column is "% Change Excluding Currency Change."

Here are two facts given:

- "Excluding currency changes," Total Revenues from APLA increased 8% year over year.

- But, including currency changes (the other column), Total Revenues increased 6% year over year.

Based on those two facts given, what happened to the USD versus currencies in the APLA region, year over year? Did the USD appreciate or depreciate versus currencies in the APLA region?

The breakdown of Revenues is as follows: (Dollars in millions) North America Europe, Middle East & Africa Greater China Asia Pacific & Latin America(2) Global Brand Divisions(3) TOTAL NIKE BRAND Converse Corporate(4) TOTAL NIKE, INC. REVENUES FISCAL FISCAL 2021 2020 $ 17,179 $ 14,484 11,456 9,347 8,290 6,679 5,343 5,028 25 30 42,293 35,568 2,205 1,846 40 (11) $ 44,538 $ 37,403 % CHANGE EXCLUDING CURRENCY FISCAL % CHANGE CHANGES(1) 2019 19 % 19 %$ 15,902 23 % 17 % 9,812 24 % 19 % 6,208 6 % 8 % 5,254 -17 % -17% 42 19 % 17% 37,218 19 % 16 % 1,906 (7) 19 % 17 %$ 39,117 % CHANGE -9% -5 % 8 % -4 % -29% -4% -3% % CHANGE EXCLUDING CURRENCY CHANGES) -9% - 1 % 11 % 1 % -26% -2 % - 1 % -4 % -2 % The breakdown of Revenues is as follows: (Dollars in millions) North America Europe, Middle East & Africa Greater China Asia Pacific & Latin America(2) Global Brand Divisions(3) TOTAL NIKE BRAND Converse Corporate(4) TOTAL NIKE, INC. REVENUES FISCAL FISCAL 2021 2020 $ 17,179 $ 14,484 11,456 9,347 8,290 6,679 5,343 5,028 25 30 42,293 35,568 2,205 1,846 40 (11) $ 44,538 $ 37,403 % CHANGE EXCLUDING CURRENCY FISCAL % CHANGE CHANGES(1) 2019 19 % 19 %$ 15,902 23 % 17 % 9,812 24 % 19 % 6,208 6 % 8 % 5,254 -17 % -17% 42 19 % 17% 37,218 19 % 16 % 1,906 (7) 19 % 17 %$ 39,117 % CHANGE -9% -5 % 8 % -4 % -29% -4% -3% % CHANGE EXCLUDING CURRENCY CHANGES) -9% - 1 % 11 % 1 % -26% -2 % - 1 % -4 % -2 %

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