The understanding of how the sub-nanoscale exchange interaction evolves in macroscale correlations and ordered phases of matter, such as magnetism and superconductivity, requires to bridge the quantum and classical worlds. This monumental challenge has so far only been achieved for systems close to their thermodynamical equilibrium. Here we follow in real time the ultrafast dynamics of the macroscale magnetic order parameter triggered by the impulsive optical generation of spin excitations with the shortest possible nanometer-wavelength and femtosecond-period. Our experiments also disclose a possibility for the coherent control of these femtosecond nanomagnons, which are defined by the exchange energy. These findings open up novel opportunities for fundamental research on the role of short-wavelength spin excitations in magnetism and high-temperature superconductivity, since they provide a macroscopic probe of the femtosecond dynamics of sub-nanometer spin-spin correlations and, ultimately, of the exchange energy. With this approach it becomes possible to trace the dynamics of such short-range magnetic correlations for instance during phase transitions. Moreover, our work suggests that nanospintronics and nanomagnonics can employ phase-controllable spin waves with frequencies in the 20 THz domain.