(First, I'd like to recommend this useful reference site for batch:
http://ss64.com/nt/)
Then just another useful explanation: http://htipe.wordpress.com/2008/10/09/the-dp0-variable/
The %~dp0 Variable
The %~dp0 (that’s a zero) variable when referenced within a Windows
batch file will expand to the drive letter and path of that batch
file.
The variables %0-%9 refer to the command line parameters of the batch
file. %1-%9 refer to command line arguments after the batch file name.
%0 refers to the batch file itself.
If you follow the percent character (%) with a tilde character (~),
you can insert a modifier(s) before the parameter number to alter the
way the variable is expanded. The d modifier expands to the drive
letter and the p modifier expands to the path of the parameter.
Example: Let’s say you have a directory on C: called bat_files, and
in that directory is a file called example.bat. In this case, %~dp0
(combining the d and p modifiers) will expand to C:\bat_files\.
Check out this Microsoft article for a full explanation.
Also, check out this forum thread.
And a more clear reference from here:
%CmdCmdLine% will return the entire command line as passed to CMD.EXE
%* will return the remainder of the command line starting at the first command line argument (in Windows NT 4, %* also includes all leading spaces)
%~dn will return the drive letter of %n (n can range from 0 to 9) if %n is a valid path or file name (no UNC)
%~pn will return the directory of %n if %n is a valid path or file name (no UNC)
%~nn will return the file name only of %n if %n is a valid file name
%~xn will return the file extension only of %n if %n is a valid file name
%~fn will return the fully qualified path of %n if %n is a valid file name or directory
ADD 1
Just found some good reference for the mysterious ~ tilde operator.
The %~ string is called percent tilde operator. You can find it in situations like: %~0.
The :~ string is called colon tilde operator. You can find it like %SOME_VAR:~0,-1%.
ADD 2 - 1:12 PM 7/6/2018
%1-%9 refer to the command line args. If they are not valid path values, %~dp1 - %~dp9 will all expand to the same value as %~dp0. But if they are valid path values, they will expand to their own driver/path value.
For example:
(batch.bat)
@echo off
@echo ~dp0= %~dp0
@echo ~dp1= %~dp1
@echo ~dp2= %~dp2
@echo on
Run 1:
D:\Workbench>batch arg1 arg2
~dp0= D:\Workbench\
~dp1= D:\Workbench\
~dp2= D:\Workbench\
Run 2:
D:\Workbench>batch c:\123\a.exe e:\abc\b.exe
~dp0= D:\Workbench\
~dp1= c:\123\
~dp2= e:\abc\