The left expression of a for loop statement gets assigned with each item in the iterable on the right in each iteration, so
for n in a:
print(n)
is just a fancy way of doing:
for i in range(len(a)):
n = a[i]
print(n)
Likewise,
for a[-1] in a:
print(a[-1])
is just a fancy way of doing:
for i in range(len(a)):
a[-1] = a[i]
print(a[-1])
where in each iteration, the last item of a gets assigned with the next item in a, so when the iteration finally comes to the last item, its value got last assigned with the second-last item, 2.