Tyrosine
Substitutions: As Tyrosine is an aromatic, partially hydrophobic,
amino acid, it prefers substitution with other amino acids of the same
type (see above). It particularly prefers to exchange with
Phenylalanine, which differs only in that it lacks the hydroxyl group in
the ortho position on the benzene ring.
Role in function: Unlike the very similar Phenylalanine, Tyrosine
contains a reactive hydroxyl group, thus making it much more likely to
be involved in interactions with non protein atoms.  Like other
aromatic amino acids, Tyrosine can be involved in interactions with
non-protein ligands that themselves contain aromatic groups via
stacking interactions.
A common role for Tyrosines (and Serines and Threonines) within
intracellular proteins is phosphorylation. Protein kinases frequently
attach phosphates to Tyrosines in order to fascilitate the signal
transduction process. Note that in this context, Tyrosine will rarely
substitute for Serine or Threonine, since the enzymes that catalyse the
reactions (i.e. the protein kinases) are highly specific (i.e. Tyrosine
kinases generally do not work on Serines/Threonines and vice versa)