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It is the first time since 2000 that G7 countries have jointly intervened in the currency markets.
The yen weakened after the intervention, before recent trade 80.94 against the US dollar.
Earlier this week met the yen 76.25, add their strongest since World War II, with fears about Japan's recovery.
The nuclear crisis in Japan, financial markets around the world, coming soon after a great earthquake and tsunami has devastated the coast, with many concerned about the impact on the global economy taken.
The action began in Japan with the Central Bank selling to try Yen to weaken their value.
It followed the later similar measures by the Bank of England, the European Central Bank, the US Federal Reserve and the Bank of Canada.
Market reaction
The coordinated action was agreed by the G7 Finance Ministers at a Conference.
Had news of the decision direct impact how won the Nikkei 225 index to close 2.7% on Friday at 9,206.75 points.
Continue reading is the main storyin a globalized trading culture against the market are trying hard to maintain. "End quote
Hugh Pym economy chief correspondent, BBC News U.S. shares by 1% to 11,889, while stocks in Europe also for intervention responding."Britain's FTSE 100 index rose by 0.4% to 5,718 and indexes were both above the benchmark of German and French.
"Exchange rates have as we have long said, excessive volatility and disorderly developments impact on economic and financial stability," said the g-7 in their Declaration.
"We monitor exchange markets closely and, where appropriate, to work together."
Meanwhile, the Bank injected an extra 3tn to support yen ($37bn; £ 23) in the markets to ensure confidence and liquidity on Friday of Japan.
"Slow things down"The intervention of the G7 Nations is coming to market volatility in the aftermath of the earthquake.
A strong currency can recovery hurt prospects of some of the largest companies of JapanJapanese Nikkei lost 225 main index more than 16% on the first two days of the week before the recovery on Wednesday.
But as well as the stocks recovered were, the yen hit send the record again in a tumble.
Japan is the world's third largest economy and relies heavily on exports. A rise in the yen make Japanese less desirable in foreign products.
Nissan has work on at least one factories newly launched its four car Assembly, but others are still fighting. Automaker Toyota has stopped operations at the 12 main assembly sites in Japan.
Each lose Honda Nissan and rival to 2 billion yen in profit per day with the planned shutdown.
Fared little better for manufacturers of consumer electronics.
Sony opened a factory that makes optical films used in liquid TV screens and adhesives. Seven other plants that make everything from Blu-ray discs to lithium batteries, remain closed.
"Slow things down"
Continue reading the most important storyit is totally different than in the previous year [when] people about currency were talking about wars and competitive devaluation "Masafumi Yamamoto Barclays Capital quote at the end of the nuclear and earthquakes cause a"major slowdown"in the airline industry crisis in Japan", according to the international air transport association.
It said Airlines begins not again until at least the last six months of the year.
Analysts say that is likely to calm nerves G7 decision if no drastic effect on the yen value of owning it.
The intervention marks a turnaround of the situation last year when the there was much talk of countries are trying to boost sagging economic growth to their currencies.
"It is completely different than in the past year," said Masafumi Yamamoto, chief Forex strategist at Barclays Capital in Japan.
"People were talking wars and competitive devaluation of the currency." In this sense, it was very important that speculative Yen appreciation can be attacked by coordinated action. "
The G7 countries are the United States, Japan, Germany, France, United Kingdom, Italy and Canada.
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