NMR is a vital tool for measuring the dynamics of biological macromolecules
in solution. The chemical exchange observed is often divided into slow or
intermediate exchange. Slow exchange affects principally the z magnetizatio
ns of the system and is observed in modified spin-lattice relaxation experi
ments. Intermediate exchange gives rise to broadening and coalescence in th
e spectrum itself. This broadened spectrum is often considered as a whole,
but we have shown that it is better to regard it as a sum of transitions, w
ith a generalized picture of the transition probability. In this paper, we
give explicit expressions for the lineshape for two sites and review some o
f the recent applications of chemical exchange in biochemical NMR.