We prove the sharp inequalitywhere Ω is any planar, convex set, λ 1 (Ω) is the first eigenvalue of the Laplacian under Dirichlet boundary conditions, and h 1 (Ω) is the Cheeger constant of Ω. The value on the right-hand side is optimal, and any sequence of convex sets with fixed volume and diameter tending to infinity is a maximizing sequence. Morever, we discuss the minimization of J in the same class of subsets: we provide a lower bound which improves the generic bound given by Cheeger's inequality, we show the existence of a minimizer, and we give some optimality conditions.