how to update value dictionary elements using key in python code example

Example 1: change key of dictionary python

>>> dictionary = { 1: 'one', 2:'two', 3:'three' }
>>> dictionary['ONE'] = dictionary.pop(1)
>>> dictionary
{2: 'two', 3: 'three', 'ONE': 'one'}
>>> dictionary['ONE'] = dictionary.pop(1)
Traceback (most recent call last):
  File "<input>", line 1, in <module>
KeyError: 1

Example 2: python update dictionary

diction[element] = value
# if element not in diction, create new element