Yes, that would be the case I believe.
Looking at these 2 charts would be useful
GBP to USD Share Price Chart | GBPUSD=X | | Yahoo! Finance UK
GBP to AED Share Price Chart | GBPAED=X | | Yahoo! Finance UK
see the peak in November when GBP = 2.1 USD, GBP = 7.7 AED
As the dollar weakens against the (mighty) pound sterling, we get more
Dirhams.
disclaimer: dont take my word for any of this, I'm saying what I understand, which could well be wrong
